Electricity customers being ‘fleeced’ says Sinn Féin Donegal TD

Donegal TD Pearse Doherty said that consumers of electricity companies were being “fleeced” and that the electricity companies were being “allowed to rip off the Irish public.”

The Sinn Féin TD called on the Government to “reintroduce energy credit as part of a cost-of-living package.”

Deputy Doherty said: “Wholesale electricity prices are down 24% over the last 12 months, yet most people have seen the cost of their electricity bills go up in that time.

“There is no justification for bills to be as high as they are today for ordinary workers and families when we look at the prices being paid by these companies in the wholesale market.

“The simple fact is they are being allowed not to pass on the benefit to their customers. 

“Instead, they are laughing all the way to the bank - pocketing the difference as profit.  All while the government sits back and allows this to happen.

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“Electricity prices are almost twice as high as they were before Russia invaded Ukraine four years ago.

“Is it any wonder 300,000 households are now behind on their electricity bill, and many more are struggling to keep up?

“The government needs to admit they got this badly wrong and reintroduce energy credit as part of a cost-of-living package.

“Energy credit takes the pressure off people and gives the government time to tackle runaway electricity costs by fixing the electricity pricing system and holding these companies to account.

“The government needs to end the rip-off and get prices under control.”