Energy prices will not decrease dramaticaly, says Regulator

The Energy Regulator is today cautioning customers not to expect dramatic reductions in energy bills when the electricity market is fully opened to competition.

The Commission for Energy Regulation today announced it will step back from setting ESB prices as early as next year and will then allow the semi-state body to set its own prices.

That will free the ESB to cut prices to compete with rivals such as Airtricity and Bord Gais.

Related Articles

More in this Section

National LGBT Federation calls for hate crime legislation

26 abortions were carried out in Ireland last year

Gardaí search for missing man Patrick Wright

No criminal investigation into Nama, says Finance Minister


You might also like

Today's Stories

Sex abuse images of babies online

Kinsale man’s medal for epic Antarctic journey set to make €24k at auction

Residents of Cork housing estate ‘living in fear and terror’

Calls to sanction Cork-US flights in wake of Brexit result

Lifestyle

The best beer gardens to enjoy your cold pint on a warm summer's day

Sarah Crossan is gaining huge recognition for conjoined twin story

When three worlds collide: Family Guy, Futurama and King of the Hill join forces for new game

Alexander Skarsgard feels at home swinging through the trees in new Tarzan movie

More From The Irish Examiner