Householders face rise in gas and electricity prices as tariffs increase

Householders are facing increases of up to 9.3% on their electricity bills and as much as a 12.8% hike on gas prices following announcements that tariffs are to rise across a number of utilities in the energy market.

Increases in wholesale energy costs on global markets has been blamed for the hikes, which could cost householders hundreds of euro extra a year in their utility bills.

In the past few weeks: