Electric Ireland announced a price increase for electricity customers and Eir confirmed it would not be passing on the VAT reduction, introduced by the Government, to consumers.
Price increases and the failure to pass on VAT savings come from established entities, which rely heavily on brand loyalty. The ESB move comes as other increases hit consumers too, banks and health insurers are also adding more to the monthly bill, so consumers should be aware. Whilst each increase looks small individually, when we add them up, they will cost.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: