Electric Ireland hikes gas and electricity prices for second time this year

In March, Electric Ireland substantially hiked its prices, adding an average of €300 to the annual electricity bill and €220 to the gas bill. Picture: David Creedon

Electric Ireland has announced its second price hike this year, with average electricity bills to rise a further €164 a year and gas bills to rise €311 a year from 1 August.

The move will affect Electric Ireland’s 1.1m electricity customers and 145,000 gas customers.