News | Latest Breaking News Stories & Headlines

Bord Gáis, Pinergy to increase electricity prices

Bord Gáis Energy and Pinergy have announced price increases for residential electricity customers from next month.

Energia to increase electricity prices by up to 12.1%

Energia has announced a price increase of up to 12.1% for its electricity that will add more than €200 onto the annual bills of many customers.

Business • 09 Sep

Flogas to hike variable electricity charges from August

Energy provider Flogas is to increase its variable electricity charges by around 7%, with effect from 25 August.

Business • 25 Jul

Electric Ireland is the country's biggest energy supplier

Electric Ireland to cut electricity and gas prices

Electric Ireland is to cut its prices for domestic electricity and gas again from November.

Business • 05 Sep 24

Yuno Energy announces another electricity price cut

Yuno Energy said today it will cut electricity rates for new customers for the fifth time this year.

Business • 13 May 24

Prices last month still remain 56% dearer than 2015 prices

Wholesale electricity prices down almost 47% in past year

Wholesale electricity prices fell by 15.3% in the month to February 2024 and were 46.8% lower in the 12 months to February 2024, according to the latest figures from the Central Statistics Office.

Business • 22 Mar 24

Irish wind farms have supplied 33% of the country's electricity demand in the first 10 months of 2023

Wind generated 31% of electricity needs in October

Wind energy provided nearly a third of Ireland's electricity in October, new figures from Wind Energy Ireland show today.

Business • 07 Nov 23

Electric Ireland said cuts to both its unit rate and standing charge will lead to savings of €212.06 a year on the estimated average annual bill for electricity

Electric Ireland to cut electricity and gas prices

Electric Ireland has announced a 10% cut in domestic electricity prices and a 12% reduction in gas charges.

Business • 07 Sep 23

The average petrol price is €1.65 in July with the average price for diesel rising by 2 cents to €1.55

Petrol and diesel prices remain steady in July - AA

Fuel prices remained stable in July and are virtually unchanged compared to June, the latest AA fuel prices survey shows.

Business • 18 Jul 23

The daily average traded price of electricity per megawatt hour in May was €105.21, down 27% on May last year.

Wholesale electricity prices drop again in May

Prices on the wholesale electricity market fell again in May, according to the latest figures from the Single Electricity Market Operator (SEMO) which runs the all-island market for electricity.

Business • 08 Jun 23

The wholesale price is down 42.5% compared to April last year, new CSO figures show today

Wholesale electricity prices down over 40% in April

Prices paid for raw materials by manufacturers fell in April for the first time since November 2021, new Central Statistics Office figures show today.

Business • 22 May 23

The figures are contained in the latest Quarterly Market Report from the Single Electricity Market Operator

Wholesale electricity prices dropped 41% at end of 2022

Wholesale electricity prices fell by 41% in the final three months of last year, compared to the previous quarter and were 17% cheaper compared to the last three months of 2021.

Business • 14 Feb 23

The IHF data reveals that linen costs are up 29%, food up 22%, and beverages up 12% in the past 12 months.

Hoteliers report electricity price rises of over 400%

Some hoteliers have reported electricity price increases of over 400% and gas price increases of over 300% since 2019, according to a new survey by the Irish Hotels Federation (IHF).

Business • 23 Sep 22

The CRU does not have figures for dual fuel bundled accounts, which normally include certain discounts

Electricity bills up 43% while gas bills up 42% - CRU

The average electricity bill has gone up by €480 in the year to August, while the average gas bill has gone up by €410, according to new figures from the Commission for the Regulation of Utilities.

Business • 07 Sep 22

The price of electricity was 48.2% higher in May of this year compared to the same month last year, despite a monthly fall

Electricity prices in May 48% higher than last year:CSO

New figures from the Central Statistics Office show that electricity prices decreased by 34.4% in May compared to April.

Business • 22 Jun 22

Wholesale electricity prices in April fell by 25.6% from March, but the price of electricity is still 155.5% higher than in April last year

Wholesale prices rise by 5.2% in April - CSO

Wholesale prices for goods used in manufacturing and construction rose at an annual rate of 5.2% in April, according to the Central Statistics Office.

Business • 20 May 22

Wind Energy Ireland said the higher wholesale electricity price in April could have been higher had it not been for the increased contribution of wind

Strongest ever April for wind energy in Ireland

The wholesale price of electricity last month was 155% higher than in the same month last year as a result of the rising cost of energy on international markets and Ireland's reliance on fossil fuels.

Business • 09 May 22

Wholesale electricity prices soared by 302.5% in March of this year compared to the same time last year

Wholesale electricity prices soar 302% in March

New figures from the Central Statistics Office show that wholesale energy products increased by 227% in March compared to the same month last year, on the back of a jump in wholesale electricity prices.

Business • 22 Apr 22

SSE Airtricity said it will increase its residential electricity prices by 24% and gas prices by 32.3% from 1 May

Airtricity electricity prices to rise 24%, gas by 32%

SSE Airtricity has become the latest energy provider to increase its prices for both electricity and gas.

Business • 01 Apr 22

Electric Ireland said it will increase its residential electricity prices by 23.4% and gas prices by 24.8% from May 1

Electric Ireland to increase prices by almost 25%

Electric Ireland has become the latest energy provider to increase its prices for both electricity and gas.

Business • 30 Mar 22

SSE Airtricity said its price hikes will see a typical household bill increase by 9% on average

SSE Airtricity to raise energy prices from December 1

SSE Airtricity said it will increase its standard household gas and electricity prices from December 1, becoming the latest energy provider to raise prices in recent weeks.

Business • 29 Oct 21

Shell said that damage caused by Hurricane Ida in August will lead to a $400m drop in quarterly earnings

Shell flags $400m Ida hit, but boost from soaring price

Royal Dutch Shell has today warned of a $400m hit to third-quarter earnings from the damage caused by August's Hurricane Ida.

Business • 07 Oct 21

Bord Gáis Energy said that global energy costs have hit all-time highs in recent weeks

Bord Gáis Energy to increase household energy prices

Bord Gáis Energy has become the latest gas and electricity supplier to announce an increase in its residential prices, citing "all-time high" energy costs.

Business • 24 Sep 21

The price hike comes into effect from 18 September

Bright Energy to increase electricity prices

Bright Energy is set to increase its standard residential energy prices by just short of 26% from 18 September.

Business • 18 Aug 21

The price changes will increase a typical gas bill by €8.36 a month and electricity bill by €11.39 a month

Bord Gáis Energy prices to increase from next month

Bord Gáis Energy has today announced price increases for its residential gas and electricity customers from next month due to continued rising wholesale energy costs.

Business • 09 Jul 21

Electricity Prices

Bord Gáis, Pinergy to increase electricity prices

Energia to increase electricity prices by up to 12.1%

Flogas to hike variable electricity charges from August

Electric Ireland to cut electricity and gas prices

Yuno Energy announces another electricity price cut

Wholesale electricity prices down almost 47% in past year

Wind generated 31% of electricity needs in October

Electric Ireland to cut electricity and gas prices

Petrol and diesel prices remain steady in July - AA

Wholesale electricity prices drop again in May

Wholesale electricity prices down over 40% in April

Wholesale electricity prices dropped 41% at end of 2022

Hoteliers report electricity price rises of over 400%

Electricity bills up 43% while gas bills up 42% - CRU

Electricity prices in May 48% higher than last year:CSO

Wholesale prices rise by 5.2% in April - CSO

Strongest ever April for wind energy in Ireland

Wholesale electricity prices soar 302% in March

Airtricity electricity prices to rise 24%, gas by 32%

Electric Ireland to increase prices by almost 25%

SSE Airtricity to raise energy prices from December 1

Shell flags $400m Ida hit, but boost from soaring price

Bord Gáis Energy to increase household energy prices

Bright Energy to increase electricity prices

Bord Gáis Energy prices to increase from next month