Energy regulator criticised for approving ESB price hikes

The energy regulator is coming under fire today for granting two price rises to the ESB last year amid reports that the company made a profit of €500m in 2005.

Energy regulator criticised for approving ESB price hikes
Thu, 13 Apr, 2006 - 11:35

The energy regulator is coming under fire today for granting two price rises to the ESB last year amid reports that the company made a profit of €500m in 2005.

The profits are believed to be largely the result of the increased charges to customers that were approved by the Commission for Energy Regulation.

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