Supply companies may be charged more from 5 to 7 pm

Electricity supply companies can charge more for their customers to use electricity between 5 pm and 7 pm, according to the Institute for Economic and Social Research.

The Commission for the Regulation of Public Services (CRU) launched a two-week consultation asking industry and electricity providers how they intend to reduce energy use.

Speaking on RTÉ’s Morning Ireland, ESRI economist Dr Muireann Lynch said utility companies have yet to decide how they will recoup extra charges from their customers.

“Obviously the first thing they’re going to want to do is for us to reduce our usage. And then for any remaining charges they face, it’s essentially a question of how they’re going to get that charge back. Do they do it through a fixed portion of people’s accounts, or adjust the rates?

The remaining measures put forward by the CRU on how energy use can be reduced are aimed at large energy users, said Dr. Lynch.

The CRU is trying to encourage these users to plan their electricity use in advance to try to target the hours when more renewable energy is available, he added.

Dr. Lynch also said that energy users who are using significantly more electricity than last year, or whose energy use is growing over time, will also be targeted.

It is believed that they will be offered an incentive to slow usage growth for this winter, if possible.

University College Cork energy researcher Dr Paul Deane said the increase in energy demand is coming from large energy users such as data centres, which are responsible for 70% of the growth in energy use. energy during the last year.

Speaking on Today with RTÉ’s Claire Byrne, he said the CRU has “pointed the finger” at such energy users, to try to ensure these companies “bear the financial burden” of this growth.

“The CRU document points the finger at the main drivers of electricity demand, which are primarily large energy users such as data centers.

“They are not responsible for 100% of the electricity growth last year, but they are responsible for about 70% of the overall growth that we saw last year.

“The CRU document that was released yesterday is really about focusing on making sure that large users bear the financial and economic burden of responsibility for changing their flexibility,” he said.

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