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Louth candidate says Fianna Fáil’s action plan will drastically reduce energy costs
The Louth general election candidate joined Minister Jack Chambers yesterday
Alison Comyn
Reporter:
Jason Newman
16 Nov 2024 2:00 PM
FiannaFáil's Alison Comyn has claimed the party's extensive plans for the energy sector will dramatically reduce energy prices for families and businesses and ensure that Ireland can meet its energy needs.
The Louth general election candidate joined Minister Jack Chambers yesterday to launch the party's policy to bring energy prices down for businesses and consumers as he unveiled details of the party’s energy measures as contained in our General Election Manifesto.
Minister Chambers said: “Irish energy prices are too high. They are among the highest in Europe which is causing both families and businesses alike significant difficulties.
“In government Fianna Fáil introduced a range of supports including energy credits and other one-off payments. But we know further action is needed to permanently reduce energy prices.
“Fianna Fail has an extensive plan that will reduce energy bills and secure energy supply.
“We will keep the electricity and gas rate at 9% over the next five years and switch to direct State subvention of the PSO levy so that consumers and businesses no longer have to pay for this. This will save electricity users €252 million every year.
“We will also continuously monitor network costs and benchmarking them against other EU countries.
“Most importantly we will upgrade the national electricity grid, which is in desperate need of modernisation, using funding from Ireland’s Escrow account so that householders will not have to bear the cost.”
Alison Comyn, said: “Energy prices have hit families and businesses hard. We know that urgent action is needed. It is one of the main issues coming up on the doors consistently.
“That’s whyFiannaFáilwants to implement a radical programme of investment and reform of the energy sector, which will push down energy bills and ensure security of energy supply for the future.
“We will make sure that electricity prices are permanently reduced so that householders and businesses no longer struggle to pay high bills.”
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