First price drop for electricity customers in two years as Pinergy announces cut

The firm will reduce its standard unit rate by almost 9 per cent from March 31st. Bonkers.ie, the price comparison website, said in a statement that this will result in savings of around €183 per year, or roughly 7 per cent of an annual bill, for the average Pinergy customer.

Let’s hope all the other greedy energy companies follow the price of wholesale energy has dropped by 75% but may be the MPs wouldn’t want that because of they shares profits will drop

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Pinergy becomes first energy provider to cut pricesEnergy provider Pinergy has become the first energy supplier here to reduce its prices since elevated wholesale costs began to fall on international markets. Sudden magic. Where's the regulators. International markets dropped ages ago. These companies are robbing us blind. I bet they won't go back to the old normal price. There will be a new high average price. A good PR move with the recent bad PR prepay meter installations have been getting.
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Pinergy becomes first energy retailer to cut electricity prices since 2020Company's prices were among highest in Ireland, says Bonkers.ie
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Pinergy becomes first energy provider to cut prices since rates began to risePay as you go energy provider Pinergy has become the first energy supplier in Ireland to drop its prices since rates began to rise in 2020 Everyone else must be forced to do the same by the government. They have raked in enough the last few months. Proof companies can lower prices. Especially bord gais and Electric Ireland who have made record profits A pathetic 7.1% reduction is a disgrace when we both know that the wholesale cost of energy is now lower than before the war in Ukraine broke out. Of course the Greenwash party and FFG have ensured that the energy regulator is toothless in this matter.
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