Meeting energy costs
It is easy to say the ESB should just absorb the cost, but as a state-owned business that is simply to transfer the cost from your electricity bill into your tax bill.
This subsidy will also put at a disadvantage the new independent energy companies that will seek to challenge the semi-state monopoly and force it to operate in a cost-efficient manner.
The ESB does not have to be privatised, but it does need to the subjected to proper competition.
Frank McNally
24 Templeville Road
Templeogue
Dublin 6W





