Dáil debates

Wednesday, 19 April 2023

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

 

12:35 pm

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

Given that wholesale energy prices are down quite sharply, can we be assured that energy users are being treated fairly? I have three specific questions in that regard. I welcome the 75% windfall tax but can we expect additional measures for energy users on foot of that?

Does the Commission for Regulation of Utilities, CRU, police the hedging policies of different energy companies to ensure that there is not price gouging so that when they say they have to wait before cutting prices, it is on a valid basis? Finally, with the renewable generation sector now earning very high profits, can it make a contribution to reducing the strain on energy users at this time? This would also win the sector brownie points as it seeks to develop this infrastructure for the future.

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