Blow to customers as Electric Ireland raises gas and electricity prices for second time this year

Electric Ireland has announced that it is increasing residential electricity and gas prices. Picture: Yui Mok/PA Wire

Electric Ireland has announced the latest hike in a streak of energy price increases amongst Irish suppliers.

Electric Ireland is increasing the price of its electricity by 9.3% and the price of its gas by 7% from  November 1. This will add around €108 a year to the average household’s annual electricity bill and €58 to the average annual gas bill.