Dont think so as ESB will rely on Revenue Rules as follows:There appears to be a real issue over the BIK tax on this perk.
Of course Im in favour of direct democracy. But, we need to end this commodification of labour. We also need large scale state industry to provide the people with their material needs - particularly in areas such as energy and other areas of advanced technology. Irish private capital is too weak to carry our this task.Don't you think that this trashes the right/left divide a bit? People will always help out those they personally know over the faceless masses. That is nothing to do with left or right, it's just the nature of living beings, buiilt in for survival. We cannot trust people we do not know to do the right thing by us irrespective of what title our system has, socialist or capitalist. What we need is transparency, the ability to examine and effect every decision made.
I think direct democracy is what will address these issues, not socialism or communism or whatever. Do you think that calling the bigshots by a different name will change their nature? I'm assuming you have read Animal Farm.
I didnt mention anything about exploitation. I said they are capitalists selling a commodity. That is the attitude and view of self that the capitalist educational system has drummed into them, and thats the attitude the capitalist media bombards them with every minute of the day and night.You can't at the same time call employees of ESB both exploited cattle AND capricious shareholders.
but who are these private owners? You do realise that the term semi-state doesn't mean the company is only partially owned by the state?It doesnt matter who the private owners are. As long as the company is not 100% in public ownership, it has private shareholders who get private profits.
Cael, they're not Capitalists. Capitalists supply the Capital ($Cash). In the case of ESB, the Capital is supplied by the State (on behalf of the Taxpayer). So the employees of ESB are enjoying Double Compensation, in that they are being paid for their Labor (via Wages) and are also receiving Capital remuneration (via ESOP Dividends), even though they supplied no Capital.I didnt mention anything about exploitation. I said they are capitalists selling a commodity. That is the attitude and view of self that the capitalist educational system has drummed into them, and thats the attitude the capitalist media bombards them with every minute of the day and night.
What ever the merits or otherwise of existing job bonuses etc that these employees currently enjoy it pales into insignificance when you see what is ripped off via stealth taxes (PSO levy) supported by chief Sleaze merchant Greenwash Minister Eamon Ryan and given to profitable companies like the ESB for lousy inefficent "renewables"Apparently Joe Duffy is to discuss the very generous 55% discount on electricity which Leo Varadkar unearthed.
Nice to know that on top of the highest salaries in Europe, the recent 2.5% pay increase that the TEEU and other union darlings are doing quite nicely on this also.
BIK declared-I am sure it is.
Still it is good to know that our working class heoes are being looked after nicely while thousands have been cut off from the ESB.
Hey, d'ya think IF the ESB was privatised that the CEO of the new private company wouldnt enjoy a similar perk?i heard a story that the head guys in ESB get free electiricity for life once they pack in the job and a new one takes over.
anyone know if this is true or just the rumour mill ?
Actually its completey irrlevant, the ESB handed back over 400 million in profits to the exhequer, the Goverment could have dismissed the regulator and ordered the ESB to charge at break even rates drastically lowering the price of electricity for everyone and there wouldnt be a pay cut in sight in the process.I think ESB employees would own only about 5% of the company via their ESOT. I wouldn't begrudge ESB employees a good wage. But there's a balance to be struck also since it is being paid for by ESB customers. Average wages of 75k (plus another 25k pension contribution) seem excessive to me. Annual turnover in electricity sold is circa 3 billion. Wage costs are around 0.7 billion a year. The wage cost is certainly not insignificant to the price being charged for electricity.
Looking at the CER Customer Care Team report for 2008, we see that the CER is aware for one customer that no meter reader was employed for a year, assuming a reader reads more than one meter a year, thats a lot of meters not being read and if it happens once, its likely happening more than once. The CER or Ryan wont clarify the extent, so we can differ on our opinions based on experiences, neither of use has the facts to support our version, but if the regulator was doing their job the facts should be available but theyre not. How can a regulator be regulating when it doesnt know whats going on.The point is that it's not a lot of E3. The numbers who are not given meter readings for a year due to non-employment of a meter reader are very very small. Most people who don't get a meter reading don't get one because only two thirds of meter readings are read, not 100%, hence two of your six readings will be estimated for everyone. This is part of the service ESB has agreed because a two month gap in a reading rarely seriously impacts on anyone's bill. Alternatively, a lot of people have indoor meters or meters in sheds or behind gates, or a lot of people have dogs on their property. The vast majority of estimations are due to inaccessibility of the meter or a scheduled estimation. So it's not a 'lot of E3' building up.
That's fine but stating that that's self-evidently a good thing is wrong. There are arguments in favour and arguments against, but thats a matter of national legislation. Personally I'd be against as it would be carte blanche for anyone who didnt want to pay a bill.
Especially considering how difficult it is to get cut off (it takes total non-cooperation and months of lack of contact), I don't think that, or widespread token meter use is necessary here. If all we had was airtricity, fair enough - they're very quick to disconnect customers, but with ESB CS, they are exceptionally fair and flexible to anyone in difficulty who makes contact.
The fact is that if I can't afford food and rock up at Tesco and demand to get my trolley of food for free, Tesco will tell me to bugger off. That doesn't mean my plight isn't genuine, but that the responsibility does not lie with the provider, but with myself or with society.
Likewise, if people can't afford electricity (and I mean genuinely can't afford it, as opposed to simply don't want to cut back on non-essentials like clothes driers and u/g heating) then it is unfair to expect ESB or any other electricity company to pick up the tab - whether we, as a society want to be cold-hearted and do nothing, or whether we want to provide extra support to people in difficulties is ultimately a social and political decision. I'd much rather the decision about whether I pay more in taxes to support people in difficulty be made in Dail Eireann, than a decision about whether I pay more in electricity costs to cover the bills of people who can't pay be made in ESB HQ.