Electricity customers to be hit with price rises tomorrow - News Summed Up

Electricity customers to be hit with price rises tomorrow


Read MoreThe country’s biggest electricity supplier with more than one million customers, Electric Ireland, is pushing up the cost of electricity by 3.4pc from October 1. Customers of PrepayPower will be faced with a price rise of 2.9pc which is due to come into effect from Sunday. And it said it is also freezing its residential electricity prices until at least next March. Lower wholesale energy prices meant those generating electricity from renewable such as wind need higher levels of financial supports to be viable. Eurostat figures indicate that households in Ireland pay some of the highest electricity prices in Europe.


Source: Irish Independent September 30, 2020 12:00 UTC



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