Written answers
Tuesday, 3 February 2009
Department of Communications, Energy and Natural Resources
Energy Regulation
9:00 pm
Róisín Shortall (Dublin North West, Labour)
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Question 367: To ask the Minister for Communications, Energy and Natural Resources if he will amend legislation to compel the energy regulator to review and set electricity prices to customers on a quarterly basis rather than on an annual basis as at present. [3418/09]
Eamon Ryan (Dublin South, Green Party)
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Statutory responsibility for the regulation of electricity prices resides with the independent Commission for Energy Regulation (CER) under the Electricity Regulation Act as amended.
The Act is not prescriptive in terms of the methodology to be used by CER in its regulation of charges by ESB Customer Supply. The legislation does not, by definition, preclude the regulator reviewing electricity prices more frequently.
I have agreed with the CER that their fundamental review of energy tariff structures will be expedited this year in consultation with all stakeholders.
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