Electric Ireland to cut prices by up to 12% 

The energy supplier said its dual fuel customers will see annual reductions of up to €429 following the price cuts

The move follows recent price cuts from Pinergy and Energia, putting further pressure on remaining suppliers to follow suit to cut prices.

Electric Ireland is the latest energy provider to announce price cuts, reducing costs for the first time in over three-and-a-half years which will impact more than 1.1 million customers. 

Effective from the 1st of November, 2023, residential electricity prices will be cut by 10%, with gas prices to fall by 12%.