Check Energy Companies for price signalling and price gouging: RGDATA asks Competition Authority

RGDATA Director General Tara Buckley has written to the Competition and Consumer Protection Commission to ask it to investigate if energy companies are price signalling or price gouging following complaints from independent shopkeepers about eyewatering increases in energy bills. Retailers who have shared their bills with RGDATA show price increases of up to 40% with energy cost increases adding an additional 2% to a shop running costs. “This is wholly unsustainable in a business where the profit margins are in very low single digits,” says Buckley. Email This email address is being protected from spambots. You need JavaScript enabled to view it. and share your energy bills and the impact cost increases are having on your business.