Energia confirms double-digit October electricity price rise

Energia says higher electricity bills are 'unavoidable' as system operator and network charges climb, with no change to gas prices

The company said these price changes apply only to electricity, with no change to Energia gas prices.

Energia will raise electricity prices by 10.9% and smart meter electricity prices by 12.1% from next month, the company announced on Tuesday, adding up to €205 a year to the average household’s annual bill.

The energy firm said these "regulatory approved non-energy charges, which are applied to electricity suppliers, are required to recover the costs of ensuring security of supply, addressing network constraints and investing in the electricity grid".