Fnergg, it sounds like you have an agenda here - why mention "the British owned Airtricity"? What does it matter who their owners are, if they offer better value and predominantly green energy?
Do you seriously think that the ESB is interested in the greater good? You must be reading too much marketing material.
The ESB has totally antiquated work practices, and is basically run by the unions. They know they are untouchable because a strike would cripple the country. That's why they have been awarded a 3% pay increase when the national finances are in the greatest crisis since the foundation of the state.
It's great news that finally there's a bit of competition, whether it works effectively or not remains to be seen.
Yes, competition is good even if it's not competition in the real sense of the word. Yes it's good to see choice in the marketplace and prices coming down.
I have no problem with foreign ownership of utilities. Eircom is/was owned by a bunch of Australian bankers/financiers last time I looked and I am a happy customer of theirs. Just thought people ought to know, is all. All things being equal I prefer my puny contribution to the coffers of such companies to stay in Ireland rather than going abroad though. Call me a sentimentalist.
The ESB has an unparalleled record of contribution to the common good. Read it's history. It has done more to better the lives of the Irish people than any other organisation you care to mention.
Do you seriously think the ESB unions would strike for 3.5%? How would any such strike cripple the country? The days when the power generation workers held such power (and they were always the only workers in the ESB who wielded such clout) are long since over. 72% of the power generation market in this country is now produced by private, independent power companies. The last strike by ESB workers was in 1991 and the last widespread power cuts as a result of strike action was back in the 1970s to the best of my knowledge.
Don't forget either that the ESB was not the only organisation to award it's workers the pay increase. Numerous other successful companies have also done so.
The ESB is a very successful company, profitable, and well managed by any yardstick. If that is what "run by the unions" results in then maybe that is the solution for the woes that so much private industry is suffering at the present time. Of course, it is not run by the unions but there is a good partnership arrangement between management and unions in the whole industrial relations arena.
I often think that many commentators would be happier if the ESB were losing money hand over fist, running to the government for bail-outs, suffering strikes every month and so forth because that is what semi-state organisations are supposed to do right? I mean, anything owned by the Government has to be inefficient, right? Unfortunately for such pundits the ESB has never obliged in that respect.
Regards,
Fnergg