Electricity bills to increase from October

Electricity bills to increase from October

Householders can expect to pay an extra €20 on their electricity bills from October this year.

The Commission for Energy Regulation has announced the Public Service Obligation Levy is going up by just over 30%.

The PSO Levy is a government subsidy that is charged to all electricity customers in Ireland.

The new changes mean that the new total levy will be just over €92.

The money collected from the PSO Levy is used to contribute renewable energy generation and peat burning power plants as well as to secure the Irish electricity supply.

Eoin Clarke, Managing Director of Switcher.ie, said the levy is unwelcome news for anyone already struggling to pay their energy bills.

He said households will have to pay around €105 each year, including VAT, on top of their energy bill.

“The average energy bill now sits at around €947 per year,” said Mr Clarke.


More in this Section

Daily Million players in Co Cork town urged to check tickets after one lucky player scoops €500kDaily Million players in Co Cork town urged to check tickets after one lucky player scoops €500k

Minister Flanagan announces passage of Family Law Bill 2019Minister Flanagan announces passage of Family Law Bill 2019

Gardaí have legal obligation to seize CCTV footage when investigating crime, court hearsGardaí have legal obligation to seize CCTV footage when investigating crime, court hears

European Affairs Minister visibly upset in Dáil while responding to Essex truck discovery tragedyEuropean Affairs Minister visibly upset in Dáil while responding to Essex truck discovery tragedy


Lifestyle

I had to turn off Dublin Murders with 15 minutes to go. We were watching the first episode because I had to review it the following day for the Today Show on RTÉ.Learner Dad: 'I like to see myself as relaxed but I’m obviously bottling up a fair few anxieties'

Purchasing a thatched cottage was a decision that would change Liam Broderick’s life. Kya deLongchamps meets the long-time thatcherMade in Munster: Meet Cork thatcher Liam Broderick

We take a trip back through the Wolves singer’s most major fashion moments.As Selena Gomez surprises fans with new music, these are some of her best style moments

Sue Rynhart sings at the Green Room in Cork Opera House on Saturday as part of Guinnness Cork Jazz Festival. She is from Dublin and is the mother of three boys.A Question of Taste with Sue Rynhart

More From The Irish Examiner