Electricity bills to rise due to hike in levy

Electricity bills are to rise from October after the Commission for Energy Regulation approved an increase in the public service obligation levy.

Although the increase on the levy only constitutes a small proportion of the overall electricity bill for households and businesses, it represents further bad news for consumers who face rising energy costs.

The annual levy for all domestic customers will increase by almost €8.50 to €27.82 — an increase of 42% on last year’s levy.