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ESB Hike to be Reviewed November 18, 2006

Posted by jbwan in General.

The 19% increase granted to the ESB by the energy deregulator earlier this year is set to be reviewed due to a dramatic fall in the price of oil since the grant. However, early words are only indicating that a couple of percentage points will be dropped from the increase rather than abolishing the increase altogether. Sickening really, we may as well not even have a regulator in this country… source: The Irish Times

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