Price hikes: Electric Ireland to raise gas by nearly 30% and electricity by over 10% from next month

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Electric Ireland has cited the war in Ukraine for its second price hike in only three months

Image: Shutterstock Image: Shutterstock ELECTRIC IRELAND HAS announced increases in both electricity and gas prices from the beginning of next month, citing effects from the war in Ukraine.

The provider previously increased prices as recently as May and in a statement today said the “unwelcome news” was due to the “ongoing disruption in the geopolitical landscape”. “We have seen a very substantial increase in the cost of wholesale gas, which in turn, impacts both our gas and electricity prices.”

Ward added that the Electric Ireland has “flexible payment plans” for those struggling to pay bills and that a new €3 million “Hardship Fund” would be established from the autumn to “help customers experiencing payment difficulties at the coldest time of the year.”

 

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Scoogan02 BULLSHIT. It’s opportunistic greed ElectricIreland

Conspiracy theorists have confirmed, however, that that's a load of horse manure and maintain it's all part of Agenda 2030 & The Great Reset.

Wankers 😠

Riiiiiiiiight. White collar criminals.

Don't they advertise that they only use natural resources?

And the brainwashed 'sheeple'out there continue to except this as usual. The political party's, SF/FG/FF, will put on a show for the public in dail eireann , shouting at each other, berating each other, then later at the dail bar they'll all get pissed and have an aul laugh.

Imagine believing them

Winter is coming. And no, this is not a “Pootin Price Hike”.

Absolute lies

What a load of bollox

Do they expect us to believe that 🐂💩!

What BS from ElectricIreland. Its price gouging and nothing else. Muggers and thieves in plain sight all of them.

anbealach Any excuse, nationalize power and communications! BringBackPublicServices

AineNicOisin That's due to the fact that Ukrainian electricity is of a much higher quality and so demands premium prices in an open market.

templemore85 You mean sanctions our stupid 'leaders' have imposed on us surely?

Bullshit.

THIEFS

Maybe the data centres might start paying their share too..

Greed is the knife and the scars run deep.

this company has been gouging it’s customers now for the last 18 months. They have massive profits. The government get massive monies from this company because it is a semi- state company. People need to realise that the government is gouging every single person in Ireland.

Quick blame Covid or the War!! 🤡🤡🤡

Absolute BULLSHIT

We will see how many people will stay supporting Ukraine as the pressure mounts on the every day consumer

Surprise surprise

Absolute lies!

Its become a very popular scapegoat

Is that industry jargon for price gouging

What a load of crap energy is going up at a whim,no one watching,no one cares and no one gives a SHIT.

What a load of shite are the greens running the war there. We're being screwed by this government.

But my contract says I'm on a renewable energy plan 🤔

Incredibly the Ukraine all this time was holding the planet together as far as fuel, energy and food resources go. I never knew this before the “war” broke out

Wow,back to tilley lamps and candles.layer on the clothes. That’ll teach them. 🤷‍♀️

Any reason is a good reason. Stand with Ukrainie? That is 50% price hikes. Government doesn't give two shits about it. Not their problem until somone makes it their personal problem. There is no other way.

ElectricIreland parent company ESB recorded an operating profit for 2021 of €679 million and a profit after tax of €266 million. 95% of that profit went to the state LeoVaradkar MichealMartinTD Paschald

Lol, what a crock, don't we have racketeering laws in Ireland?

How can you say you have to charge more for energy because of Ukraine and still make obscene profits?

Sanctions placed on Russia by those on high salaries in the EU & WASHINGTON are crippling everyone else with price rises on utilities & food , Sanctions don't work they've never worked, time for peace talks

We are doing worse out of this war than the fookin Ukrainians.. ridiculous situation 🤬

That's a 36.6% increase in 2022 on customers bill. not surprising that they had in excess of a €250 million net profit, they're in for a bumper year this year again. Don't expect anything from the government, they got €100+ million in a dividend from them.

Wind direction changes more like than war in Ukraine

I stubbed my toe. I blame the war in Ukraine.

We have Wind Turbines Solar Hydro Turf/ Coal our own Oil/Gas fields. Am I missing something. 🇮🇪🇪🇺

Time to pressure every worker for electric Ireland until they quit.

Not good look. But we knew it was coming and probably even higher coming

What a load of BS.Electric Ireland made a profit of 679m last year, this is just price goughing

Time to take all utilities back into state ownership. I would like to congratulate all those people who marched in 2014 against water being privatised because that's what would of happened. What would we be paying for water now. You're welcome to those who told me it's pointless

ElectricIreland cut your multimillion € profits.

Absolute scammers and extorters

These kind of price hikes won't help our already out of control inflation rate. Government action is urgently required. But I don't think the current lot are capable.

Scrap USC, it was brought in during austerity, give it back now

Scrap the standing charge, I'm keeping the heating off and still getting fleeced

No one believes their shite! Time to tax them out of existence like the rest of us

Yea ok👍

I am starting a new business selling candles, any orders?

If they were a proper investigation on esb prices I m sure electric Ireland would b fined millions 4 price gouging thank fuck I ain't with them

Ireland gets its power from Russia? No ! FFS gouging

Time to surrender .. or does that not suit the big plan?

To think of all that natural gas that shell is taking outside Belmullet.

They're laughing at you.

ElectricIreland please show your customers your profits for the first 6 months this year vs. last year.

The rich get richer!

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