State-owned utility said improved performance comes on back of higher energy margins but money can’t be used to reduce energy prices for consumers
Elephant carer Gerry Creighton: ‘Mountjoy Prison was full of guys I knew from school. We just had different opportunities’
ESB said the higher level of profitability could not be used to offset or reduce energy prices for Electric Ireland customers as it was forbidden from doing so under EU competition law. While wholesale energy prices have fallen globally, customers here have yet to see the equivalent reductions in the energy bills.
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