The decision to re-brand ESB Customer Supply and ESB Independent Energy as 'Electric Ireland' at a cost of between €5 million and €6 million is a total waste of money, with the cost inevitably being passed on to both domestic and business users in the form of higher bills, according to Fine Gael Communications & Energy Spokesman, Leo Varadkar TD.
Mr Varaadkar said: "This decision has been forced on the ESB by the Commission for Energy Regulation.
"Ireland's regulatory rules are driving up energy prices when they should be driving them down. Businesses are struggling and consumers are suffering. One of the best ways we can help them is by reducing the cost of their electricity bills. We need a total change in the regulatory system which puts the interest of consumers first and not the interests of the energy companies whether they be semi-States or private sector.
"The rebranding decision will see businesses and consumers face higher bills as the cost is passed onto them."
(CD)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
29/11/2024
Plans for a new housing development in Carney, Co. Sligo, have significantly progressed after a contract for construction was signed by County Council members. The development, which was designed by Hamilton Young Architects and will be constructed by Kilcawley Construction, consists of 25 homes ...
29/11/2024
South Dublin-based Killinarden Park has officially opened following improvement works. Nicholas de Jong Associates carried out the planning and design work on the project with Clonmel Enterprises Ltd civil contractors realising the vision on the ground. Enhancements to the park include provision ...
29/11/2024
Water supply has been restored to the vast majority of impacted areas in Galway City following repairs, Uisce Éireann has announced. Detection crews from the company isolated the source of a significant burst which occurred in the Docks area of the city yesterday, with works being carried out this ...
29/11/2024
A refurbished running track and new padel courts were officially opened in Greystones, Co. Wicklow, this week. An Taoiseach Simon Harris officially opened the track and padel courts, based at Shoreline Leisure, while also present were the Cathaoirleach of Wicklow County Council, Cllr Paul O Brien, ...
29/11/2024
The Construction Employers Federation (CEF) and Northern Ireland Federation of Housing Associations (NIFHA) have raised major concerns regarding the approved proposal to increase the Standard Connection Charge for a newbuild house by 123% in 2025. The proposal, put forward by NIE Networks to the ...
29/11/2024
Green infrastructure improvements have been successfully completed at Claudy Country Park in L'Derry. Upgrades to the play area at the location as well as safety and access works in the wider park were carried out as part of the green infrastructure enhancement project, which was made possible by ...
28/11/2024
Plans to build 674 new homes in the Clooney Road area of L'Derry have been given the green light. South Bank Square submitted the application, which entails a residential development comprising 33 detached and 473 semi-detached dwellings as well as 168 apartments, to Derry City and Strabane ...
28/11/2024
A new wastewater treatment facility in Ballyronan, Co, L'Derry, has been successfully completed following an investment of £5m from NI Water. GEDA Construction was the main contractor for the 18-month contract, while Water Solutions Ireland completed extensive mechanical and electrical ...
28/11/2024
The Clontarf to City Centre (C2CC) Active Travel Project has officially been opened by Dublin City Council. The project connects the Royal Canal Greenway to the East Coast Trail and part of the Tolka Valley Greenway, providing a safe, pleasant and continuous segregated walking and cycling route ...
28/11/2024
Approximately €1.5 million in payments have been processed under the Vacant Property Refurbishment Grant scheme in Offaly. The grant, which aims at turning vacant or derelict houses and buildings into permanent homes or rental properties, has thus far saw 129, out of 196, applications approved in ...