Annual wholesale electricity prices up almost 54%

New figures from the CSO show that despite the increase in the past 12 months, wholesale electricity prices remain almost 65% lower than their 2022 peak

New figures released by the Central Statistics Office on Wednesday show that despite recent falls, whole electricity prices remain almost 54% higher than in December 2023. (AP Photo/Charlie Riedel, File)

Wholesale electricity prices fell by 6.2% in the month to December 2024 and remain almost two-thirds lower than their peak in August 2022. 

New figures released by the Central Statistics Office on Wednesday show that despite recent falls, whole electricity prices remain almost 54% higher than in December 2023.