According to the Tánaiste, the Government does not anticipate any oil supply issues, as Ireland has around three months’ supply. However, Leo Varadkar stated that Ireland lacks sufficient gas storage, making the country “vulnerable.” Energy Minister Eamon Ryan is bringing plans to Cabinet today that would allow the government to distribute oil in the case … Read more
Electric Ireland has announced another price hike for electricity and gas customers for the third time in five months. The energy supplier will raise the standard pricing for gas and electricity, resulting in a 26.7 percent and 37.5 percent rise in monthly bills. The new prices will go into effect on October 1st. The largest … Read more
According to the Central Statistics Office, (CSO) lower-income households in June saw inflation rates of up to 10.3% compared to highest income households’ 8.2%. The CSO has published an update to its first research paper on inflation broken down by various household characteristics up to June 2022. Commenting on the research report, Joseph Keating, … Read more
A number of utility price rises are set to kick in this month, with consumers set to face additional costs for gas and electricity. Electric Ireland previously announced that its charges are set to rise by over 20%, with that increase beginning from 1 May. Residential Electric Ireland electricity prices are set to rise by … Read more