Pinergy asks Donohoe to implement price cap on wholesale electricity

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Company complained that a ‘two-tier system’ was emerging in Ireland between firms generating their own energy and those that purchase it for the purposes of selling on

Pinergy, the renewable electricity provider, has called on the government to implement a cap on the price of wholesale electricity and introduce a windfall tax on energy generators amid rising costs for consumers and fears over companies exiting the market.

In its pre-budget submission, the Irish electricity reseller also urged Paschal Donohoe, the Finance Minister, to implement a zero per cent Vat rate on electricity in response to soaring costs.

 

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It's like the banks, only Oil is real, energy production is real; money is printed, but do the media care ENOUGH TO INVESTIGATE IT? What about CCPCIreland not even an inquiry from them! This is the country of Hail Mary economics & subsidies & yes special VAT rates?

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