TWO more energy providers are to increase their prices of electricity and gas next month. Flogas is to push up electricity prices by 12.5pc, which will add €152 to the average annual bill. Panda power is increasing its gas and electricity prices by 9.8pc, in a move that will add €98 a year to the average gas bill. Mr Kenny said April this year saw the highest wholesale electricity prices since the new Single Electricity Market commenced in October 2018, and higher than usual prices are likely to continue for some time. Daragh Cassidy of price comparison website Bonkers.ie said we are now back in a period of rising energy prices.

Source: Irish Independent May 26, 2021 09:22 UTC