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Info - gas markets deregulated

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  • 07-07-2014 3:37pm
    #1
    zagmund
    Registered Users Posts: 2,501 ✭✭✭


    I came across this the other day when dealing with the commision for energy regulation (CER) - ". . . the Commission has announced that the domstic gas market will be deregulated from the 1st July 2014"

    http://www.cer.ie/customer-care/gas

    They don't spell out what this means, but I understand that providers won't need to get approval for price increases as before. This process at least provided some degree of publicity when prices increased previously.

    I wonder if they will have to rebrand - electricity & gas aren't regulated any more so the R in their title may be a little redundant. They still/will regulate water, but that's not exactly energy as such.

    This is really just an FYI on the consumer issues front and may be worth noting for future reference.

    z


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    #2
    ytpe2r5bxkn0c1
    Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    It was always the intention that, when the markets for electricity and gas were sufficiently opened up, regulation would cease and normal market/competition conditions would prevail.


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