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Electric Ireland to cut gas prices by 4%, holding electricity prices steady for winter
Electric Ireland reduces gas prices by 4%, saving customers €57.56 annually, while other suppliers raise tariffs; regulator plans protections amid rising arrears this winter.
- Starting from November 1, Electric Ireland will cut its residential gas charges for 140,000 customers and keep electricity prices steady for 1.1 million customers.
- Suppliers point to regulatory-approved electricity system operator and network charges as the driver behind recent tariff announcements after energy prices surged in recent years due to Covid and the Ukraine war.
- The change will save the typical gas customer £57.56 a year, affecting about 140,000 gas customers, as Electric Ireland's consecutive reductions continue since November 2023.
- The Commission for Regulation of Utilities said extra protections are needed as arrears rise ahead of winter, warning this could be the first winter without energy credits and announcing measures for energy customers in arrears.
- With rivals raising tariffs, Electric Ireland's continued cuts contrast with Energia's 12.1% rise from 9 October, which will add over £200 to many bills.
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Total News Sources7
Leaning Left4Leaning Right1Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 17%
R 17%
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