€250 hike in energy bills on the way

EVERY home will be hit by an average €250 a year hike in their gas and electricity bills when a range of price increases planned for the coming months take effect.

€250 hike in energy bills on the way

In further bad news for under-pressure households, Airtricity’s half-a-million customers were yesterday told electricity prices will rise by 12.3% from the start of September, while gas prices will go up by 21.2% from October 1.

ESB meanwhile, which has 1.2 million electricity customers and around 20,000 gas customers, is expected to announce similar price increases which are likely to take effect around October.

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