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Electricity price increases unjustifiable - Crowe

19 July, 2006


Sinn Féin Social Affairs spokesperson Seán Crowe TD has that the 20% increase in electricity costs that the ESB is seeking is unjustifiable. Deputy Crowe said ESB's primary concern should be on providing a quality service for its customers and the state and not on making massive profits off the back of the population.

He said, "The 20% increase in the price of electricity that the ESB is looking for is totally unjustifiable and shouldn't even be considered by the energy regulator. The fact that the ESB have called for this increase on the same day that they announced profits of €240 million highlights serious flaws in the thinking of the management this state company. The ESB will no doubt quote the increase in the price of oil and gas as their excuse for the price increases but the ESB's primary concern should be on providing a service for its customers and the state and not on making massive profits off the back of the population. And €240 million is massive profits in anyone's eyes.

"The ESB policies seem to be mirroring those of this government. That is the pursuit of massive profits at the expense of ordinary people and consumers and also at the expense of the service they are meant to be supplying.

"If this price increase gets the go ahead it will only serve to increase the ever growing gap between the rich people and the poor people in this state. The people that will feel the affects of it most are the people on low income and social welfare benefits.

"The ultimate responsibility for settling this lies with the Minister for Communication, Marine and Natural resources Noel Dempsey and he has a duty to ensure that the policy of pursuing massive profits at the expense of customers and particularly those of low income is ended." ENDS

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