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New Electricity Levy will punish families and cost jobs – Ferris

9 August, 2010 - by Martin Ferris TD


Sinn Féin’s Energy spokesperson Martin Ferris TD has said that the government’s plans to introduce a new levy which will push electricity prices up by 5% will punish already struggling families and will hit businesses who are already struggling to deal with crippling costs.

Deputy Ferris said that the decision to introduce a levy at a time of unprecedented hardship for households and businesses was ludicrous.

Deputy Ferris:

“The decision by the government to introduce this new levy at a time of unprecedented hardship for households and businesses is simply ludicrous. This will punish already struggling families and will heap further pressure on small and medium businesses who have to deal with already crippling costs and a lack of credit.

“I would seriously question the need for this levy given that the ESB only recently reported profits of €500 million. At the very least the government should delay its introduction. It makes absolutely no sense whatsoever and further highlights how clueless this government is when it comes to turning our economy around.

“Only recently we heard absurd calls from Brian Cowen and Dermot Ahern asking people to spend their money, despite the fact that people are barely surviving as it is. This extra cost on households will further reduce peoples spending power and ultimately cost more jobs.” ENDS

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