Bord Gáis to drop gas prices by a further 8%

BORD GÁIS is to drop gas prices by 8% from February, resulting in a 34% drop for customers in little over a year.

The Commission for Energy Regulation (CER) announced it had proposed the cut and that it will come into effect from February 1, as long as it is approved after a consultation process.

The commission also looked at electricity prices and concluded there is no scope for change at this time, though they will continue to monitor the situation.