Historic infrastructure project will affect 300,000 customers from next year Electricity tariffs in Ireland will increase from next year as part of funding for the country’s largest-ever national grid upgrade, with monthly bills rising by up to €1.75. The historic infrastructure project will cost approximately €18.9 billion (not $19 billion as initially reported), with the … Read more
Eamon Ryan, the leader of the Green Party, stated that the government will decide “in the next few weeks” whether or not to extend electricity credits into the following winter. The Minister for the Environment, Climate, Communications, and Transport stated that Covid-19 supports were winded down over time and that this issue would require something … Read more
The first of three €200 electricity credits will appear on household bills scheduled to begin tomorrow. According to the government, the initiative will benefit over 2.2 million accounts. This series of electricity credits are part of a government plan to soften the impact of rising energy prices. The first energy credit will appear on customers’ … Read more
Electric Ireland announced price increases last month, and it went into effect on August 1st. The increases will result in residential gas and electricity price increases of 29.2% and 10.9%, respectively. This equates to an average monthly gas and electricity expenditure of €25.96 and €13.71, respectively. Irish energy providers announced over 35 price hikes last … Read more
The Cabinet has approved a package of measures to help mitigate the rising cost of rising electricity bills and to ensure secure supplies to electricity for households and businesses across Ireland over the coming years. The package of measures includes changes to the Public Service Obligation (PSO) levy (beyond those announced earlier in the year). … Read more