Energy Prices Dropped 24% This year

Sponge Bob

all thanks to Eamon Ryan, that from John Gormley on Pat Kenny this morning .

http://www.rte.ie/podcasts/2010/pc/pod-v-26081040m22stodaywithpatkenny.mp3 ( 18MB jaysus RTE )

Gormley was doing very well defending himself until he dropped that in. The defence starts at 3mins in and in all fairness he does fine until 11 mins in when he blurts !!!

"Gas Prices , Electricity Prices they have come down 24% this year because of Eamon Ryans actions"

(well maybe only 19% with the PSO levy he admits at bit later)

But Ryan has done NOTHING, he only kicks everything off to 'markets' and 'regulators' and then babbles about "something very important" in every interview he does....and which is not important at all

Gormley should not expose himself to 'long' interviews in future

hinault

Sponge Bob wrote: »

all thanks to Eamon Ryan, that from John Gormley on Pat Kenny this morning .

http://www.rte.ie/podcasts/2010/pc/pod-v-26081040m22stodaywithpatkenny.mp3 ( 18MB jaysus RTE )

Gormley was doing very well defending himself until he dropped that in. The defence starts at 3mins in and in all fairness he does fine until 11 mins in when he blurts !!!

"Gas Prices , Electricity Prices they have come down 24% this year because of Eamon Ryans actions"

(well maybe only 19% with the PSO levy he admits at bit later)

But Ryan has done NOTHING, he only kicks everything off to 'markets' and 'regulators' and then babbles about "something very important" in every interview he does....and which is not important at all

Gormley should not expose himself to 'long' interviews in future

Gormley was interviewed yesterday (26th Aug) for nearly an hour by Pat Kenny and throughout the interview he was stating (JG) was responsible for the drop in energy prices.

ei.sdraob

Yet energy along with education and health and anything touched/controlled by government or unions are still experiencing inflation

while everything else is deflating

as per last few cso inflation reports

demonspawn

Eh...what? Electricity prices came down? Did someone forget to tell the ESB?

I'm looking at my online bill from Feb 15 of this year and it states that one unit of electricity costs 0.141. Now looking my last bill, Aug 15, and the price is......0.141. Looking at my bill from Aug last year I see that the price was 0.1455. I'm awful at math, but that doesn't seem like much of a drop to me.

Does "energy prices dropped 24% this year" mean something different to what I think it means? Or is this "price drop" like how the cost of living dropped when in reality it did not?

pljudge321

demonspawn wrote: »

Eh...what? Electricity prices came down? Did someone forget to tell the ESB?

I'm looking at my online bill from Feb 15 of this year and it states that one unit of electricity costs 0.141. Now looking my last bill, Aug 15, and the price is......0.141. Looking at my bill from Aug last year I see that the price was 0.1455. I'm awful at math, but that doesn't seem like much of a drop to me.

Does "energy prices dropped 24% this year" mean something different to what I think it means? Or is this "price drop" like how the cost of living dropped when in reality it did not?

Energy prices refer to gas and oil prices as well. It is just clever trickery to mask how electricity prices are being kept deliberately high to stop the ESB from undercutting Airtricity & Bord Gais.

Scarab80

demonspawn wrote: »

Eh...what? Electricity prices came down? Did someone forget to tell the ESB?

I'm looking at my online bill from Feb 15 of this year and it states that one unit of electricity costs 0.141. Now looking my last bill, Aug 15, and the price is......0.141. Looking at my bill from Aug last year I see that the price was 0.1455. I'm awful at math, but that doesn't seem like much of a drop to me.

Does "energy prices dropped 24% this year" mean something different to what I think it means? Or is this "price drop" like how the cost of living dropped when in reality it did not?

Just in case you missed it, and i don't see how you could, as part of the de-regulation of the electricity market ESB have been forced by the regulator to keep their prices unchanged while Bord Gais and Airtricity have been free to reduce their prices so that they can gain some of ESBs market share.

Bord Gais and Airtricity prices are about 10% - 15% below that of ESB. There are no switching costs, there is no minimum contract term, if you are so concerned about the cost of your electricity bill why have you not switched provider?

Sponge Bob

The real point of the thread is that only John Gormley and Eamon Ryan believe that energy prices have dropped 24%. In the real world they are static or rising owing to Carbon Taxes, Green Levies like the 8c on petrol and the meddling with the wind market to suit the green lobby.

Cookie_Monster

Sponge Bob wrote: »

The real point of the thread is that only John Gormley and Eamon Ryan believe that energy prices have dropped 24%. In the real world they are static or rising owing to Carbon Taxes, Green Levies like the 8c on petrol and the meddling with the wind market to suit the green lobby.

not to mention the PSO levy increasing and no doubt more duty added to petrol in the next budget

Sponge Bob

But in the smart green fairyland inhabited by Gormley and Ryan a tax/levy shall be required to make up this 24%.