Electricity price hike hits small firms and the poor.

From: Irish Independent (Dublin, Republic of Ireland) | Date: July 12, 2008 | Copyright information

Electricity price hike hits small firms and the poor

THE ESB's massive price hike, coming into effect in just three weeks' time, was condemned as a blow to the country's competitiveness last night.

The Commission for Energy Regulation's (CER) announcement of an interim increase of 17.5pc clearly indicated there is more to come with a further hike expected early next year.

The regulator said that the decision would "cushion the blow" for consumers b...

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