Results 3,161-3,180 of 26,021 for speaker:Kieran O'Donnell

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: We are straying. I am trying to make a point. ComReg has a remit to look after the customer, yet all that we are discussing is the effect on utility companies. ESB is reckoned to be making annual profits of €500 million per year. Why did it need increases? Customer switches present another issue. The number of domestic customers who switched their electricity suppliers decreased...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: There was no network element in it.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: Was the network upgraded of why were funds borrowed?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: In the initial period it sought an increase of 7.54% and the witness is saying that by the end of the process, it sought an increase of 9%.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: Why is that not in the public domain?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: With the current structure, the cost of capital must be covered for utility companies, and if the utility companies' cost of funding rises or volumes decrease, the end user will see an increase in bill costs.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: In the case of Bord Gáis, it is 40% of the cost.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: What is the current prediction for gas and electricity prices in 2013?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: Electricity is directly related to gas prices.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: Will the ordinary end customer see an increase in electricity or gas bills in 2013?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: Could there be a reduction in prices?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: When will be the next review? How are reviews carried out?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: If that happens, what will be the difference?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: What percentage of the market is controlled by Bord Gáis at the moment?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: It is a dominant player.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: When will the next review of gas prices be carried out?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: Could it be done earlier?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: September was the last review date and three months from that would be December. The commission is conscious of the impact on the utility companies but I suggest that of more importance is the responsibility to the end consumer, which is also in legislation. I suggest that a review of gas prices is carried out with immediate effect. We are here to determine if there is proper use of the...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: We are considering some sort of positive element in that there should be no increase, with a possibility of a decrease.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011 (17 Jan 2013)

Kieran O'Donnell: The review will be announced for 1 April and considering all factors in the current climate, the commission is not looking at an increase but it is looking at the possibility of a decrease.