Reprieve for customers as Bord Gáis to freeze energy prices until February

More than 300,000 households will get a welcome winter break from energy price hikes after Bord Gáis Energy said it is to freeze prices for the winter.

The company, which offers the cheapest standard electricity rate in the Irish market, confirmed prices would remain unchanged until February.

The announcement comes after price hikes of between 1.7% and 3.5% have been announced by Airtricity, Electric Ireland, Prepaypower.ie, and Pinergy in recent weeks. However, Electric Ireland said it would not implement the rises until Jan 1, when an average hike of 1.7% will kick in.