Seán Haughey (Dublin Bay North, Fianna Fail)
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503. To ask the Minister for Communications, Energy and Natural Resources the efforts he is making to bring about a reduction of electricity prices having regard to the decreasing price of oil and gas internationally; and if he will make a statement on the matter. [16903/16]

Denis Naughten (Roscommon-Galway, Independent)
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It is important to note that the electricity market is commercial, liberalised, and competitive and operates within national and European regulatory regimes. I have no statutory function in the setting or review of electricity prices. Price setting by all electricity suppliers is a commercial and operational matter for those companies.