Michael Lowry (Tipperary, Independent) | Oireachtas source

Increasing numbers of people in Tipperary and across the country are facing energy debt. To compound the frustration being felt by Irish energy users, they have seen consumer prices fall across the rest of the eurozone. Ireland now holds the unenviable title of the most expensive country in Europe for electricity costs. The public are puzzled and angry because they realise the Exchequer raised 40% more in VAT this year compared with other years. As I said, electricity last year provided a huge take for the Exchequer. Wholesale prices have reduced in this sector but the reduction has not been passed on to the consumer. What progress has been made in regard to the introduction of a windfall tax? The revenue from such a tax could then be able to be passed back to the consumer.

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