Electric Ireland announces second major price hike in recent months | JOE.ie

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'We have seen a very substantial increase in the cost of wholesale gas, which in turn, impacts both our gas and electricity prices.'

on electricity and gas bills was announced in March of this year and only came into effect in May.

“Today’s news was expected unfortunately. And given Electric Ireland's size, it will be felt badly by many households nationwide," Head of Communications at Bonkers.ie Daragh Cassidy said in a statement."We’re heading into next winter with gas and electricity prices at absolutely astronomical levels. And it might even get worse.

“Since October 2020, when prices began to rise, some suppliers have more than doubled their energy prices. We’re in a crisis.

 

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