Bord Gáis discount change

BORD GÁIS has announced changes to its discount and pricing structure for electricity customers. It as vowed to stay competitive after the regulatory decision that will see the ESB back in the market for new customers earlier than thought.

Last month, the energy regulator – the Commission for Energy Regulation – said it will deregulate the electricity market, allowing the ESB to re-enter the fray for new customers when its market share (currently about 70%) falls to 60%.

This is expected in the next few months through people switching to the other two operators Bord Gáis and Airtricity. Those utilities had hoped the ESB would have to reach a 50% market share before deregulation was triggered.