It's announced a 3,4% rise in prices.
Electric Ireland has announced an electricity price increase from October 1st.
The company is Ireland’s largest energy provider with 1.2m residential customers nationwide, and is increasing electricity prices by 3.4%, citing ‘recent costs impacting the broader electricity system and market’.
This means the average customer would pay an additional €2.88 per month — nearly €35 per year.
‘Unfortunately, due to other electricity system and market costs outside of our control, we now have to increase our electricity prices from October 1,’ Electric Ireland executive director Marguerite Sayers said.
‘This will mean an increase of €2.88 per month on the average residential electricity bill.
The company has also announced a gas price freeze this winter, maintaining the 11.5 per cent decrease announced in April.
