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Sinn Fein calls for three mont...

National

Sinn Fein calls for three month energy price cap

RedFM News
RedFM News

06:56 3 May 2023


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Sinn Féin is calling on the government to impose a three-month price cap on energy.

In a motion coming before the Dáil later, the party will also call for the Environment Minister's new windfall tax on the super-profits of companies to be back-dated to the price peak in 2022.

Sinn Féin's Environment Spokesperson, Darren O'Rourke says the price of electricity in Ireland is now the highest in Europe.

He also wants to see greater regulation of big energy companies.

"We want to see the regulator, the CRU, to be given increased powers to improve its mandate and to increase its resources to ensure that it can monitor the practices of energy companies to ensure that savings are passed on and there are no cases of  profiteering or price gouging.


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