Electric Ireland announces third major price hike in five months | JOE.ie

The energy provider cited"unprecedented increases" in international energy market prices and their impact on wholesale gas prices as reasons for the increase."This continues to be a very challenging time for customers, and an unprecedented time in the energy industry with increases to wholesale gas prices in excess of 700% over the last 12 months and 200% since June 2022 alone," Executive Director of Electric Ireland Pat Fenlon said.

"To put that into context, this time last year wholesale gas prices for winter were circa GBP£1.15 per therm, and as of last week, this winter’s prices were circa GBP£7.70 per therm." Fenlon said Electric Ireland realises that these prices will be tough for many customers to absorb, adding that the company is committed to helping its customers during these difficult times."We encourage any customer having difficulty in paying bills to engage with us and we will work with them to agree a manageable payment plan," he explained.

"In addition, our €3 million Electric Ireland Hardship Fund is available and will be administered on our behalf by our partners SVP and MABS .” WATCH: Sharon Horgan, Eva Birthistle & Sarah Greene on Bad Sisters, filming in Dublin & Irish families

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