Bord Gáis electricity hike will add €51 to annual bill

As one-in-five households struggle to manage their energy bills the cost of running homes this winter is set to rise again.

Bord Gáis has followed its competitors in the electricity market and announced a 4.8% increase to its standard charges. Gas price hikes have already been approved from October. The electricity hike by the company is the latest in a series of increases to utility prices by the energy providers.

The change reflects the company’s reaction to international energy prices and the Commission for Energy Regulation’s (CER) decision to sanction an increase in the public service levy. Earlier this year the CER released the results of its research, which said 20% of people had to pay their bills in stages.