Another energy supplier announces electricity and gas price cuts

Energia has become the latest energy firm to announce price cuts, with 300,000 customers set to benefit from reduced energy bills. Effective from March 1st, electricity customers with Energia will see a reduction of 7.5 per cent in their bills, while gas customers will see reductions of 5 per cent on their unit prices. The company said electricity customers would save about €129 based on an average bill, while gas customers would see a reduction of about €65. Energia’s managing director of customer solutions Gary Ryan said: “This latest price reduction, the second in six months, follows our 20 per cent reduction introduced on October 23rd. “We continue to work with St Vincent de Paul, Mabs, Alone, as well as other charities and urge customers to always contact us to find a solution.”