Annual wholesale electricity prices up almost 93%

Irish households facing fresh energy bill fears after huge price surge

Household electricity prices could rise again in the New Year after wholesale electricity costs surged by more than 90% over the past 12 months. New figures from the Central Statistics Office show wholesale electricity prices were 92.8% higher in September 2026 compared with the same month last year. Prices also rose by 6.8% between August […]

Wholesale electricity prices surged 93% in a year

US war with Iran pushes prices higher but they are still below the levels hit when Russia invaded Ukraine

Annual wholesale electricity prices up almost 93%

New figures from the Central Statistics Office show that wholesale electricity prices soared by 92.8% in September compared to the same month last year as the war in the Middle East continues to affect oil and gas prices.

Wholesale electricity prices nearly double

Wholesale electricity prices are nearly twice as high as they were this time a year ago. Figures from the Central Statistics Office (CSO) show wholesale electricity prices rose 6.8% in September and 92.8% in the previous 12 months. The price of all energy fuels rose 10.9% month-on-month and 47.6% year-on-year. Overall, the price of goods […]