Dáil Éireann debate -
Wednesday, 7 Feb 1996

Vol. 461 No. 2

Written Answers. - Electricity Price Increase.

Martin Cullen

Question:

133 Mr. Cullen asked the Minister for Transport, Energy and Communications the expected yield to the ESB over the next three years of the recent price increase agreed by him; and if he will make a statement on the matter. [2751/96]

Minister for Transport, Energy and Communications (Mr. Lowry)

The recent approved average price increase of 2 per cent in 1996, 1.5 per cent in 1997 and 3 per cent in 1998 is expected to result in the following additional revenue for the ESB:

Year	Additional Revenue IR£m
1996	13
1997	29
1998	56

This estimated additional revenue assumes implementation of the price increases from May of each year.