ESB customers face €60-a-year bill hike
ESB chairman Tadhg O'Donoghue said the company had hoped to ask for a modest rise, but with the price of oil and coal more than doubling in the past two years it had no choice but to raise prices for the third time in two years.
"It will be significant. Fuel alone would justify a price rise probably in double digits; certainly it is highly unlikely that single digits would help.