Local TD Denis Naughten has called for part of the cash generated from the sale of Bord Gais to be ring-fenced to extend the gas network to towns such as Carrick-on-Shannon.
This would reduce the energy cost to local businesses in the County Town by €7m each year he has claimed.
Speaking in the Dáil recently, Deputy Naughten said: “This is a golden opportunity for government to support existing businesses and create new jobs locally. We must ensure that some of the money from the sale of the company is ploughed back into job creation in this region.”
Deputy Naughten said that based on a report by the Western Development Commission (WDC) the town with the most to gain is Carrick-on-Shannon, which would benefit by over €7m/year if it were to get access to the gas network when compared with the cost of existing energy supplies such as oil based fuels and electricity.
“Such savings for local business would not only protect existing jobs but also make these towns attractive to future investment by Irish or international companies,” said Denis Naughten.