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Energy Prices

Dáil Éireann Debate, Tuesday - 5 July 2022

Tuesday, 5 July 2022

Questions (113)

Thomas Pringle

Question:

113. Deputy Thomas Pringle asked the Minister for the Environment, Climate and Communications the role that the Commission for Regulation of Utilities plays in the setting of gas and electricity unit prices and in the setting of standing charges; and if he will make a statement on the matter. [36177/22]

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Written answers

Operating within an overall EU framework, responsibility for the regulation of these markets is solely a matter for the Commission for Regulation of Utilities (CRU), the independent energy regulator. The CRU was assigned responsibility for this following the enactment of the Electricity Regulation Act (ERA), 1999.  

In line with long standing policy on deregulating price setting, CRU ended its regulation of retail prices, in the electricity market in 2011, and in the gas market in 2014.

Furthermore, the CRU has a dedicated email address for members of the Oireachtas to contact them oireachtas@cru.ie for timely replies.

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