Over a million customers could see electricity bills rise by almost €90 this year

Electric Ireland, Prepaypower and Pinergy are all increasing electricity prices

The PSO levy, which is charged to all electricity customers in Ireland, is set to increase by 130% this month

Over one million customers could see their electricity bills rise by almost €90 a year due to price hikes from Ireland’s largest energy suppliers and an increase in the Public Service Obligation (PSO) levy.

The PSO levy, which is charged to all electricity customers in Ireland and used to support the renewable energy sector, is set to increase by 130% this month, from €38.68 to €88.80 (including VAT).