Pinergy's 'very welcome' electricity price cut to put pressure on other suppliers 

Households still facing amongst the largest energy bills in Europe

There will be no energy ‘price war’ or a return to even remotely normal energy prices for this winter.

Energy suppliers will come under pressure to start cutting their tariffs after Pinergy announced a second decrease to its prices.

Finance Minister Michael McGrath on Monday welcomed the price reductions as a “welcome step in the right direction”, saying he expects more energy companies to follow suit.