Decrease in Irish energy costs

THE 30%-plus gap between Irish and EU energy costs has narrowed dramatically in some cases, new data reveals.

Sustainable Energy Ireland (SEI) says a new analysis shows “a significant fall in both gas and electricity prices to Irish businesses while many EU states experienced rises”.

The report which covers energy pricing trends for the first half of 2009, shows that while prices to Irish businesses remain above the European average, the gap is closing.