ISME welcomes fall in electricity

ISME has welcomed the announcement by the Commission for Energy Regulation anticipating reductions in electricity prices of 5.9% for small businesses and 10% for medium businesses as and from the November 1, 2007.

Commenting on the decision, ISME chief executive, Mark Fielding, outlined that while the Commission is yet to finalise its decision, "the indications are that we are not going to have a winter of discontent on the electricity front this year as was the case for many years previously, which resulted in electricity price increases in excess of 80% since 2001".