As home heating oil prices shoot up, the Government asked for a report from the CCPC. So has a study promised in the programme for government on the way wholesale energy prices are passed through to consumers. This work may have appeared less urgent as energy prices became more stable, but not having completed it now leaves the Government exposed. Charges such as this – not linked to wholesale prices – are making up an increasing amount of bills. Unless wholesale prices fall, this will leave many households under pressure and hit business competitiveness.

Source: The Irish Times March 07, 2026 13:06 UTC