Regulator ‘regrets’ green light for gas hike

The energy regulator has said he “regretted” sanctioning a rise in Bord Gáis Energy’s gas prices, given that it has led to “copycatting” among other companies, hitting consumers in the pocket.

The Commission for Energy Regulation allowed Bord Gáis to increase its charges by 8.5% from next month.

With electricity prices also set to increase, customers are facing increased energy bills.