FLOGAS has become the sixth energy provider to raise its prices. The supplier blamed its decision on what it said were several months of rising costs in the wholesale energy market. Gas prices are rising by 6.5pc, which will add €53 to the average residential bill. The company insisted its natural gas prices will still be lower than this time last year, due to a 10pc price cut implemented last October. Earlier this month, SSE Airtricity said it was increasing electricity prices by 6.2pc from April 1.

Source: Irish Independent March 12, 2021 10:41 UTC