Election 2016: ESB break-up will slash prices, FG says

Party backing hybrid plan to reduce ESB control of national grid

21st February, 2016
Power lines are still owned by the ESB but are operated by Eirgrid

Fine Gael is promising to cut electricity bills by loosening the ESB’s control of the electricity network.

Under the current system, the network of power lines is still owned by the ESB but is operated by Eirgrid to ensure that all power companies have equal access to it.

Eirgrid had previously argued that this split system is “inefficient” and that electricity prices are up to 23 per cent lower in those countries that...

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