ESB urged to use record profits to pay for Storm Éowyn damage

'One would hope that as a profitable company, the ESB would find itself able to pay for this stuff from its own reserves.'

The ESB has been urged to use its own record-breaking profits to pay for the damage caused to the electricity network by Storm Éowyn, rather than passing the pain onto consumers.

On Tuesday, the group’s chief executive Paddy Hayes told RTÉ radio’s Today with Claire Byrnethe cleanup from the storm, which left some people in Ireland without power for more than a week, would likely cost “tens of millions”, which will eventually likely “find their way back into the overall cost of our distribution system network”.