Energy

Leo Varadkar tells major energy companies to cut prices as prices remain high

Varadkar said he was “particularly concerned” about what companies are doing to help their most vulnerable customers

Varadkar further stated that income from the government’s windfall tax on energy companies would be used to help people with their bills. Picture: Leon Farrell / Photocall Ireland

Taoiseach Leo Varadkar has said he has told energy companies that they “must go further to reduce” prices in future billing cycles.

Varadkar and Eamon Ryan, the minister for environment, met with Ireland’s four largest energy retailers – SSE Electricity, Bord Gais Energy, Energia and Electric Ireland – on Tuesday to express concern at “persistently high” energy prices.

Last week, SSE Airtricity announced that it would cut its electricity prices by 12 per cent and ...