Bord Gáis to maintain gas prices despite rise in costs

BORD GÁIS is to maintain prices at their current level despite significant increases in wholesale gas costs over the past year.

In a proposal submitted to the Commission for Energy Regulation (CER), the company announced their plans to maintain price levels for residential and SME sectors from October 1. This is the fourth consecutive price review by Bord Gáis where it has kept its price static, resulting in a decrease in prices of over 25% since May 2009.

Bord Gáis chief executive John Mullins said they were very pleased to be able to maintain prices despite an increase in wholesale energy costs. He added that Bord Gáis is calling on the CER to publish a roadmap to gas deregulation.