Colreavy calls for greater energy price reduction.

‘…falling price of crude oil should lead to lower domestic bills for electricity and gas customers.’

Sligo News File Online.

Michael Colreavy, TD,  Sinn Fein
Michael Colreavy, TD,
Sinn Fein

Deputy Michael Colreavy, Sinn Féin spokesperson on Communications, Energy and Natural Resources has welcomed the reduction in energy prices announced by Bord Gáis Energy and has called on other energy providers to follow suit.

Speaking on the issue, Deputy Colreavy said:

“The falling price of crude oil should lead to lower domestic bills for electricity and gas customers.

“Today’s announcement by Bord Gáis Energy is a step in the right direction.

“At this time of the year the risk of households suffering fuel poverty is at its greatest and price reductions should benefit those most at risk in society.

“The falling price of oil should lead to reduction in what energy companies pay for energy on the international market.

“These savings need to be passed on to the customer.

“Energy companies should also use the low price of oil to fund renewable energy technology so that sustainable prices can be guaranteed into the future.

“I am calling on all energy companies operating in Ireland to reduce their charges for Irish households.”