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

Review finds the Pill is safe to take without monthly break

Graham Linehan's views on transgender issues 'not grounded in facts', say protestors

Survey finds 75% of principals have had nobody applying for teachers' jobs at schools in a year

INMO to meet HSE in talks to avert planned strike action


Failed at your resolutions already? Here’s why you should be setting goals instead

As Sarah Michelle Gellar tries Tabata for the first time, what is this 4-minute workout?

Liechtenstein turns 300 – 7 reasons to make this alpine micro-state your next destination

Specs in focus: A nostalgic look back at how glasses became a centrepiece of style

More From The Irish Examiner