“We haven’t even come into the worst of it. I saw that lady down in the coffee shop in Athlone with a €10,000 electricity bill. You haven’t seen what is being forecast. It is massive. We are looking at a further €1 million on to your bottom line on just one line item: energy,” he said.“There may be economies of scale for the bigger homes. Maybe they can ride out this storm but for the smaller ones, it is survival mode,” he added.
“We cannot turn off the heat. We cannot turn off the power. It is nothing we can control. It is a doubling and we are not even sure if we are going to stop there.” “It is a crisis as big as Covid on a financial level and that is the way it needs to be dealt with,” he said.
At the rate they are charging residents for places in nursing homes he can afford it . Their prices are outrageous ! Looking for a place for my 85 year mother and was outraged by the prices quoted .