-0.3 C
Ireland
Sunday, January 16, 2022

Bord Gáis Energy to increase household energy prices

Bord Gáis Energy will be increasing its household energy prices, becoming one of the latest energy providers to increase electrical and gas prices for residential customers.

However, the company has stated that its customers will not be facing any further price increases before Spring 2022.

-AD-

The provider will be increasing the unit price of its electricity by 10% and the unit price of its gas by 12%.

This will increase gas bills by €8.16 a month while electricity prices will be increased by €10.26 a month.

These increases will take effect from the 24th of October.

-AD-

The company stated that global energy costs have hit an all-time high due to a combination of restricted supply levels, higher carbon prices and market volatility.

“While the current price highs and volatility are expected to remain for some time, Bord Gáis Energy has confirmed it will pass on any savings and reductions to customers wherever and whenever it can.”

Managing Director of Bord Gáis Energy Dave Kirwan stated that the company was seeing an extremely uncertain energy market right now while adding, “We regret that we have to pass through a price increase at this time, but we have taken steps to protect our customers against further movement during the colder winter months ahead,”.

POPULAR

Teachers’ unions call for traditional State Exams to take place amid criticism over ‘unhelpful’ speculation about hybrid model

The Association of Secondary Teachers in Ireland (ASTI) and the Teachers Union of Ireland (TUI) have called for State Exams to take...

Confrontation and massive consequences amongst warnings from US ahead of talks with Russia over Ukraine

United States Secretary of State Anthony Blinken has warned Russia that "confrontation and massive consequences" await if it continues with its aggression...

Jeffrey Donaldson says DUP on same page as Liz Truss over Northern Ireland Protocol as the UK Foreign Secretary threatens triggering Article 16

Leader of the Democratic Unionist Party (DUP) Jeffrey Donaldson has claimed UK Foreign Secretary Liz Truss is on the same page in...

Mandatory vaccinations to be discussed by NPHET while legal and ethical paper is prepared by Department of Health

The National Public Health Emergency Team (NPHET) will be discussing mandatory vaccinations while the Department of Health prepares a legal and ethical...
Ireland
clear sky
-0.3 ° C
1.3 °
-1 °
91 %
0.7kmh
2 %
Mon
6 °
Tue
10 °
Wed
9 °
Thu
5 °
Fri
-0 °