Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I thank the Deputies for their questions. In response to Deputy Bríd Smith, I am very much aware of what the Consumer Protection Act states. I am also aware of what European law states and what the laws relating to the regulation of the energy market state, all of which need to be taken into account. There are powers to regulate retail prices but there are no powers to regulate wholesale prices. That is not the process we intend to use to bring prices down, however.

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