US EditionElectric Ireland to cut electricity and gas prices
- Electric Ireland, the largest energy provider in the Irish market, has announced a 10% cut in domestic electricity prices and a 12% reduction in gas charges. These changes will benefit the company's 1.1 million customers, leading to significant savings on their annual bills.
- The decision to cut prices comes after pressure from both political and consumer groups, urging energy suppliers to act on falling wholesale costs. Other energy providers, such as Energia and Pinergy, have also announced price reductions in recent weeks.
- Despite these reductions, experts predict that the upcoming cuts for this winter will be modest due to the ongoing high wholesale prices. Ireland currently has the highest electricity prices in Europe, 80% above the average, and the fourth highest gas prices.
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Electric Ireland to Cut Home Energy Prices by Up to 12%
Electric Ireland, the largest provider of domestic energy in Ireland, has announced that it will reduce its home energy prices by up to 12% starting from November 1st. The price cut is said to be in line with the reductions in the wholesale energy market. The company estimates that this move could save some customers more than €400 on their combined electricity and gas bills over the course of 12 months. The price reductions will apply to both e…
·Elkader, United States
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Total News Sources4
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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