{"id":2183,"date":"2023-09-07T10:13:12","date_gmt":"2023-09-07T09:13:12","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/more-transparency-needed-on-prices-charged-by-energy-companies\/"},"modified":"2023-09-15T10:41:24","modified_gmt":"2023-09-15T09:41:24","slug":"more-transparency-needed-on-prices-charged-by-energy-companies","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/","title":{"rendered":"More transparency needed on prices charged by energy companies"},"content":{"rendered":"<p><em><strong>Electric Ireland announcement should just represent the start of a succession of energy price drops for consumers\u00a0<\/strong><\/em><\/p>\n<p>Social Democrats TD Jennifer Whitmore has called for the Commission for Regulation of Utilities (CRU) to be given increased powers to investigate prices charged by energy companies.<\/p>\n<p>Deputy Whitmore, who is the party\u2019s energy spokesperson, said:<\/p>\n<p>\u201cToday\u2019s belated announcement from Electric Ireland of a 10 per cent reduction in domestic electricity prices, and a 12 per cent cut in gas charges, is long overdue.<\/p>\n<p>\u201cAccording to the Household Energy Price Index, domestic customers in Ireland are paying almost \u20ac1,000 more every year for their electricity than the European average. This is despite the fact that electricity costs on the wholesale market are now lower than at any time in the past two years.<\/p>\n<p>\u201cElectric Ireland customers were hit with five price rises over the course of 2021 and 2022 so this reduction, which won\u2019t take effect until November 1, is the very least they deserve.<\/p>\n<p>\u201cEnergy companies raised their prices in quick succession so should be expected to start reducing consumers\u2019 bills with the same sense of urgency.<\/p>\n<p>\u201cIt is also interesting to note the serendipity of all the energy companies beginning to decrease their prices at the same time. This is all the more reason why the Commission for Regulation of Utilities requires extra powers to investigate how energy companies determine their prices.<\/p>\n<p>\u201cIncreased scrutiny of energy companies by the regulator would help ensure there is more transparency around prices and could lead to faster reductions for domestic and business customers.<\/p>\n<p>\u201cIt has been obvious for some time that energy companies had the means to bring down prices sooner. However, despite tough talking from the Taoiseach earlier this year, the Government failed to hold energy companies to account by taking a softly-softly approach.\u201d<\/p>\n<p><em>September 7, 2023<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric Ireland announcement should just represent the start of a succession of energy price drops for consumers\u00a0 Social Democrats TD Jennifer Whitmore has called for the Commission for Regulation of Utilities (CRU) to be given increased powers to investigate prices charged by energy companies. Deputy Whitmore, who is the party\u2019s energy spokesperson, said: \u201cToday\u2019s belated [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1230,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[268,7],"tags":[],"class_list":["post-2183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jennifer-whitmore","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>More transparency needed on prices charged by energy companies - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More transparency needed on prices charged by energy companies - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"Electric Ireland announcement should just represent the start of a succession of energy price drops for consumers\u00a0 Social Democrats TD Jennifer Whitmore has called for the Commission for Regulation of Utilities (CRU) to be given increased powers to investigate prices charged by energy companies. Deputy Whitmore, who is the party\u2019s energy spokesperson, said: \u201cToday\u2019s belated [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"Social Democrats\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/socialdemocratsireland\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-07T09:13:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-15T09:41:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4449-44-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ZOO Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SocDems\" \/>\n<meta name=\"twitter:site\" content=\"@SocDems\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ZOO Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/\"},\"author\":{\"name\":\"ZOO Admin\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/4aa25e1b0ecfe5e51a2ceab9a9006960\"},\"headline\":\"More transparency needed on prices charged by energy companies\",\"datePublished\":\"2023-09-07T09:13:12+00:00\",\"dateModified\":\"2023-09-15T09:41:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/\"},\"wordCount\":308,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4449-44-scaled-1.jpg\",\"articleSection\":[\"Jennifer Whitmore\",\"Press Release\"],\"inLanguage\":\"ga-IE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/\",\"name\":\"More transparency needed on prices charged by energy companies - Social Democrats\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4449-44-scaled-1.jpg\",\"datePublished\":\"2023-09-07T09:13:12+00:00\",\"dateModified\":\"2023-09-15T09:41:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#breadcrumb\"},\"inLanguage\":\"ga-IE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ga-IE\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4449-44-scaled-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4449-44-scaled-1.jpg\",\"width\":1920,\"height\":1280},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/more-transparency-needed-on-prices-charged-by-energy-companies\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"More transparency needed on prices charged by energy companies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#website\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\",\"name\":\"Social Democrats\",\"description\":\"Change Ireland for the better\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ga-IE\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\",\"name\":\"The Social Democrats\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ga-IE\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/SocDems-logo.png\",\"contentUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/SocDems-logo.png\",\"width\":846,\"height\":358,\"caption\":\"The Social Democrats\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/socialdemocratsireland\",\"https:\\\/\\\/x.com\\\/SocDems\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/4aa25e1b0ecfe5e51a2ceab9a9006960\",\"name\":\"ZOO Admin\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/author\\\/zoo-admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"More transparency needed on prices charged by energy companies - Social Democrats","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/","og_locale":"ga_IE","og_type":"article","og_title":"More transparency needed on prices charged by energy companies - Social Democrats","og_description":"Electric Ireland announcement should just represent the start of a succession of energy price drops for consumers\u00a0 Social Democrats TD Jennifer Whitmore has called for the Commission for Regulation of Utilities (CRU) to be given increased powers to investigate prices charged by energy companies. Deputy Whitmore, who is the party\u2019s energy spokesperson, said: \u201cToday\u2019s belated [&hellip;]","og_url":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/","og_site_name":"Social Democrats","article_publisher":"https:\/\/www.facebook.com\/socialdemocratsireland","article_published_time":"2023-09-07T09:13:12+00:00","article_modified_time":"2023-09-15T09:41:24+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4449-44-scaled-1.jpg","type":"image\/jpeg"}],"author":"ZOO Admin","twitter_card":"summary_large_image","twitter_creator":"@SocDems","twitter_site":"@SocDems","twitter_misc":{"Written by":"ZOO Admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#article","isPartOf":{"@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/"},"author":{"name":"ZOO Admin","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/4aa25e1b0ecfe5e51a2ceab9a9006960"},"headline":"More transparency needed on prices charged by energy companies","datePublished":"2023-09-07T09:13:12+00:00","dateModified":"2023-09-15T09:41:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/"},"wordCount":308,"commentCount":0,"publisher":{"@id":"https:\/\/www.socialdemocrats.ie\/#organization"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4449-44-scaled-1.jpg","articleSection":["Jennifer Whitmore","Press Release"],"inLanguage":"ga-IE"},{"@type":"WebPage","@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/","url":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/","name":"More transparency needed on prices charged by energy companies - Social Democrats","isPartOf":{"@id":"https:\/\/www.socialdemocrats.ie\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#primaryimage"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4449-44-scaled-1.jpg","datePublished":"2023-09-07T09:13:12+00:00","dateModified":"2023-09-15T09:41:24+00:00","breadcrumb":{"@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#breadcrumb"},"inLanguage":"ga-IE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/"]}]},{"@type":"ImageObject","inLanguage":"ga-IE","@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#primaryimage","url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4449-44-scaled-1.jpg","contentUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4449-44-scaled-1.jpg","width":1920,"height":1280},{"@type":"BreadcrumbList","@id":"https:\/\/www.socialdemocrats.ie\/ga\/more-transparency-needed-on-prices-charged-by-energy-companies\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.socialdemocrats.ie\/"},{"@type":"ListItem","position":2,"name":"More transparency needed on prices charged by energy companies"}]},{"@type":"WebSite","@id":"https:\/\/www.socialdemocrats.ie\/#website","url":"https:\/\/www.socialdemocrats.ie\/","name":"Social Democrats","description":"Change Ireland for the better","publisher":{"@id":"https:\/\/www.socialdemocrats.ie\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.socialdemocrats.ie\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ga-IE"},{"@type":"Organization","@id":"https:\/\/www.socialdemocrats.ie\/#organization","name":"The Social Democrats","url":"https:\/\/www.socialdemocrats.ie\/","logo":{"@type":"ImageObject","inLanguage":"ga-IE","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/logo\/image\/","url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/SocDems-logo.png","contentUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/SocDems-logo.png","width":846,"height":358,"caption":"The Social Democrats"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/socialdemocratsireland","https:\/\/x.com\/SocDems"]},{"@type":"Person","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/4aa25e1b0ecfe5e51a2ceab9a9006960","name":"ZOO Admin","url":"https:\/\/www.socialdemocrats.ie\/ga\/author\/zoo-admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/2183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/comments?post=2183"}],"version-history":[{"count":0,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/2183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/media\/1230"}],"wp:attachment":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/media?parent=2183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/categories?post=2183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/tags?post=2183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}