The Government is under pressure to bring in new measures to help households with the soaring cost of living as energy prices continue to increase.The energy provider said it will increase its residential electricity prices by 23.4% and gas prices by 24.8% from May 1.
It said the increase will equate to €24.80 a month on the average residential electricity bill and €18.35 a month on the average residential gas bill. Speaking in the Dáil during Leaders’ Questions, Minister Ryan told Sinn Fein’s Pearse Doherty that the one-off €200 energy credit will automatically begin to come off bills from next week.
He acknowledged the credit won’t cover the complete cost increase but will “cushion the blow” for households.For the latest news and breaking news visit irishmirror.ie/news.Follow us on Twitter @IrishMirror - the official Irish Mirror Twitter account - real news in real time. We're also on Facebook/irishmirror - your must-see news, features, videos and pictures throughout the day from the Irish Daily Mirror, Irish Sunday Mirror and irishmirror.ie.