ENERGY supplier Pinergy has announced a third electricity price rise this year. Experts said there was now a crisis in the Irish energy market. There have been a number of energy suppliers that have announced two price rises this year. It blamed what it said was a well-publicised and sustained issues in the wholesale energy market and national grid which is causing unprecedented pricing pressures. Electric Ireland, the largest supplier in the market, last increased its prices in the autumn when it raised electricity prices by 3.4pc.

Source: Irish Independent July 23, 2021 13:44 UTC