'No indication' more energy suppliers will leave the Irish market
Energy last month unveiled measures aimed at supporting households heading into the winter, including an extension of the winter moratorium on disconnections, and ensuring customers on financial hardship metres are put on the cheapest tariffs. Picture: Yui Mok/PA Wire
The energy regulator has told an Oireachtas Committee there is “no indication” another supplier will leave the Irish market in the near future, and said its measures to support households facing huge energy bills this winter must “strike a balance”.
Furthermore, the regulator said it had no role to investigate the standing charges facing consumers, after reports energy companies have hiked such charges by up to €300.
