Photo: Getty stockOne of the big four energy companies has announced a second price cut in a move that will force its rivals to respond, with expectations that a price war will now break out. SSE Airtricity is to reduce its electricity prices by 12.8pc and its gas tariffs by 11.5pc. It follows a 12pc cut in electricity prices from the same supplier that took effect on November 1. The latest price cut comes just as householders get the first of three electricity credits from the Government. However, energy prices this winter will still remain at historically high levels.

Source: Irish Independent December 12, 2023 15:06 UTC