Gas prices set to fall in 2010

Updated: 22:06, Tuesday, 8 December 2009

Bord Gáis plans to reduce gas prices by 8% from 1 February for residential and small business customers.

1 of 1 Gas price cuts Expected in February 2010
Gas price cuts
Expected in February 2010
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Six One News: Sharon Tobin reports that if the proposal is passed, gas prices will drop by 8% in February
Six One News: Sharon Tobin reports that if the proposal is passed, gas prices will drop by 8% in February
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Nine News: Sharon Tobin reports that Bord Gáis announced it will reduce gas prices by 8% on 1 February
Nine News: Sharon Tobin reports that Bord Gáis announced it will reduce gas prices by 8% on 1 February

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Following a mid-year review of gas prices, it has submitted the proposal to the Commission for Energy Regulation.

It is believed the decrease is possible followng a steady decline in wholesale gas prices in the British market and appreciation of euro against Sterling.

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