Sinn Féin TD for Cavan-Monaghan Pauline Tully has called for the government to back the party’s bill to tackle rip-off energy charges.
The legislation was introduced to the Dáil today by party spokesperson on Climate Action, Darren O’Rourke TD.
It would protect customers by clamping down on energy companies using standing charges to increase their profit.
Speaking today, Teachta Tully said:
“Energy costs are sky high, and families are struggling to afford them. People are facing huge bills and are anxious about where these spiralling costs will end.
“Sinn Féin has introduced legislation to tackle this, by protecting customers from unfair charges. The bill was introduced today in the Dáil by my colleague, Sinn Féin spokesperson on Climate Action Darren O’Rourke TD.
“Our plan would empower the regulator to effectively and fairly monitor standing charges and investigate where there are suspicions that companies are using them to increase their profits. It would require them to decrease excessive rates so that they cover their fixed costs only, rather than turning obscene profits at the expense of customers.
“Crucially, the Bill would also require utility companies to seek prior approval from the regulator for any proposed increase in the rate of their standing charge. This would protect customers from unfair hikes.
“This is just one part of a whole package of measures that Sinn Féin is proposing that would address Ireland’s rip off energy prices.
“Every day I am contacted by families and businesses across Cavan-Monaghan who are terrified about how they will pay their bills. It’s clear there urgent action is needed to protect customers from unfair hikes.
“Too often, the government pays lip service to the idea of supporting people but fails to follow through will genuine action that actually changes things for people’s finances. This must change. People need to see real change, not another PR stunt that doesn’t amount to anything.
“I am urging all TDs in Cavan-Monaghan to back Sinn Féin’s legislation. It would make a huge difference to people here across Cavan and Monaghan by protecting them from unfair price hikes.
“Sinn Féin in government would stand up for ordinary workers, families and businesses to protect them from the cost-of-living crisis.”
The legislation is available to view here