Subscribe to our Construction Newsfeed
Ireland Construction Directory
Search our 25,487 companies....

Construction News

03/12/2012

Moynihan Calls For Questions To Be Asked Of ESB Following Profits Of €230m

Fianna Fáil Spokesperson on Communications, Energy and Natural Resources, Michael Moynihan TD, says questions need to be asked of the energy regulator after the ESB reported six month profits of €230 million.

Deputy Moynihan commented: "Ireland has been particularly badly hit with gas price increases, electricity hikes and prohibitive petrol costs over the past 12 months. The ESB alone increased its prices by 6% this year, following on from a 12% increase in 2011. This is on top of an 8.5% rise in gas prices for households, which are already under severe pressure.

-- Advertisement --

"Increasingly, people are wondering what is the Commission for Energy Regulation (CER) doing? What level of scrutiny are they applying when the ESB is walking away with lavish profits of a quarter of a billion in just six months? This news comes not even two months after the same regulator gave Bord Gáis Energy a higher price increase than they sought.

"The CER says that it looks after the interests of its customers, especially the disadvantaged and the elderly by ensuring that standards of services are set and codes of practices are in place to protect vulnerable users.

"This is not happening, the most vulnerable are not being protected. As we head into the winter season, more and more families will be forced to go without basic light and heating."

(CD/GK)

Latest Construction News

19/10/2026
PJ Hegarty has been named winner of the Supreme Safety Award — the top accolade at the All-Ireland Occupational Safety Awards — and also picked up the Healthy Workplace Award and the Consistent High Achiever Award. The trio of honours was announced at a gala at the Great Southern Killarney. Organis
Read More
19/10/2026
AG, the third-generation paving and building products manufacturer with more than 60 years' experience, has expanded its partnership with GRAHAM via a new Strategic Supply Agreement that appoints AG as a preferred supplier until the end of 2028. GRAHAM, which traces its heritage back over 250 years
Read More
19/10/2026
Households exporting surplus electricity to the grid will be able to keep more of what they earn, a Fine Gael TD has said, a change he believes will encourage more homes to install solar panels. Deputy Naoise Ó Muirí, chair of the Oireachtas Climate, Environment and Energy Committee, said lifting t
Read More
19/10/2026
A major water infrastructure scheme to enable future housing in Sligo Town is set to begin in Summerhill this month, Uisce Éireann has announced. The investment will expand capacity in the local water network, supporting new homes and sustainable growth in one of the town’s key development zones.
Read More
19/10/2026
Planning permission has been approved for the Sunflower Children's Hospice in Castlebar, a major step forward for specialist paediatric palliative care in Ireland. The facility will be the first children's hospice built outside Dublin and the first new children's hospice to be developed in the count
Read More
19/10/2026
Coillte, working with Leitrim County Council, has begun development works at Glenfarne Wood in Co Leitrim, launching a first-phase investment of €2.7 milliom. The programme is backed by €2.5m in funding from the Department of Rural and Community Development and the Gaeltacht and is part of a two-p
Read More
19/10/2026
Armagh City, Banbridge and Craigavon Borough Council and Ulster Wildlife hosted Finance Minister John O'Dowd at Peatlands Park to signal the commencement of the PEAT+ initiative, a €19.2 million cross-border programme to restore peatlands and protect vital natural landscapes. Spearheaded by the con
Read More
19/10/2026
Adrian Pollock, operations director (Civils) at construction and civil engineering firm McLaughlin & Harvey, has been named Outstanding Contributor at the 2026 Northern Ireland Construction Awards. Run by the Construction Employers Federation (CEF), the prestigious awards bring together the sector
Read More
19/10/2026
Belfast City Council's Planning Committee has approved two new residential developments in west Belfast alongside permission for a new Lidl store in Dunmurry. One scheme, on lands near the Monagh By-pass, is a mixed-use project comprising two three-storey apartment blocks providing 36 social homes,
Read More
19/10/2026
Belfast Harbour is set to become a live test environment for next-generation zero-emission technologies following a £15m investment confirmed by Economy Minister Dr Caoimhe Archibald. The funding comes from UK Research and Innovation's (UKRI) Local Innovation Partnerships Fund (LIPF) and is the sec
Read More
WTH SuppliesConstruction Information ServicesDesign Electrical NIPremier Floor ScreedSOLV GROUPPowerscreen Ireland LtdAlternative Tying Systems LtdACCON UK LtdApollo Scaffolding Ties LtdTurboChip Ireland Ltd