Energy price hikes: SSE Airtricity raises electricity prices by 39% and gas by 35.4%

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Standard household gas and electricity prices to go up by by 35.4% and 39% respectively from October 1st via IrishTimesBiz

Increase will add almost €600 a year to the average customer’s electricity bill and over €500 a year to their gas billCustomers of SSE Airtricity face increases in prices for household gas and electricity of 35.4% and 39% respectively from October 1st . Photograph: Bryan O Brien/The Irish TimesSSE Airtricity is to significantly increase its standard household gas and electricity prices for the second time in just five months, the company announced on Friday.

When all these price increases are taken together, SSE customers will be paying over €1,000 more for their gas and €1,100 more for their electricity each year. Some of its calculations were released in mid-June in a paper which showed that energy poverty had risen to a record high of 29.4 per cent, and could rise as high as 43 per cent if prices rose again by 25 per cent.

“Is the temporary reduction in VAT being kept? Is another energy credit going to be paid? Is the Government going to place a windfall tax on energy companies, and if so, how would this even work when many are headquartered overseas?”

 

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Bye bye airtricity, everyone is going to leave yee. Looks like we will end up with the same ol lot screwing us when yee are gone. kip.

despite being less reliant on oil/gas:-

Meanwhile their profits rose 23%.

IrishTimes Longballdan here we go again 🤦‍♀️😡

Ffs, that's an extra €100 each bill for me. Min €600 PA

IrishTimes Absolutely disgraceful!!!

Keep on waving Ukrainian flags people and show Putin who is the boss.

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SSE Airtricity announces further energy price increasesSSE Airtricity has announced that it is to increase prices for its customers from 1 October, with average electricity bills to rise by over 35%, and gas bills to increase by 39%. Wtf FFS These people, I’m sure the share holders are making a nice profit while the rest of us struggle!
Source: rtenews - 🏆 1. / 99 Read more »

SSE Airtricity announces further energy price increasesSSE Airtricity has announced that it is to increase prices for its customers from 1 October, with average electricity bills to rise by over 35%, and gas bills to increase by 39%. Generation green, 100% green energy...the war in Ukraine has made the wind more expensive it seems. I thought airtricity electricity came from renewable sources or are they blaming the Russians for slower winds? Great Reset in full flow. Price people out of any quality of life.
Source: rtenews - 🏆 1. / 99 Read more »