You are viewing the content for Monday 27 February 2006

CER replies to price hike

THE Commission for Energy Regulation (CER) has said that there is no ‘prima facia’ case to support suggestions made by independent players claiming unfair reasons for the re-setting of top-up and spill prices in the wholesale electricity market during the second half of last year.

The CER investigation concludes that wholesale electricity prices in the Irish market rose during the period broadly in line with other EU jurisdictions and primarily for the same reason - namely, increases in fuel prices.