‘No further increases’ for consumers despite rising fuel costs

DESPITE unrelenting upward pressure on oil and gas prices there will be no rises in the cost to consumers for the next 12 months.

That was confirmed yesterday by a spokesman for the energy regulator, Tom Reeves.

Consumers face a 2-3% electricity cost hike while Bord Gáis has been granted an increase of 2% - 3%. Both increases come into effect next month.