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City power outage could cost €1 million for businesses

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City power outage could cost €1 million for businesses

 

A power outage across the city last Monday could have potentially cost business up to €1 million in losses.

Up to 4,500 offices, shops and restaurants in Dublin 1 and Dublin 2 were impacted by the major ESB fault. The outage stretched from Christchurch as far as Merrion Square.

Businesses were left without power from 11am for a number of hours, before it was finally restored between 2pm and 3pm.

It is believed the power outage was caused by contractors completing works, who hit underground ESB cables.

Dublin City Centre was hit by a power outage on Monday.

Dublin Town, a representative for a number of businesses in the city, said that the accidental outage could potentially have cost businesses up to €1 million as they had to close their doors for most of Monday afternoon.

“We estimate that the daily revenue intake in the city centre to be approximately €3 million. When the number of businesses and the time without power is taken into account we estimate that the loss to the city as a result of yesterday’s power outage could be anything up to €1 million,” CEO of Dublin Town, Richard Guiney, told Dublin Gazette.

“This is simply not acceptable.  This incident stresses the importance of contractors working in the city communicating with Dublin City Council and ESB Networks prior to and during works,” he said.