Poor to pay as ESB hike hits next month

THE latest hike in electricity prices will hit the most vulnerable and small businesses very hard, it has been claimed.

Poor to pay as ESB hike hits next month

The 17.5% increase was announced by the Commission for Energy Regulation (CER) and will come into effect from the start of August. The regulator also warned of another possible increase in January.

Householders are also facing a hike in gas prices, with Bord Gáis confirming it has sought an increase in price from the regulator. A spokesperson for the gas provider refused to comment on the exact amount of the increase.

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