Pinergy becomes first energy provider to cut prices in two years

A household using an average amount of electricity will save around €183 a year after Pinergy's cut. Stock Image.

Pinergy has become the first energy supplier since the sharp increase in the cost of living to announce a decrease in its energy prices.

They will decrease its standard unit rate by almost 9% from March 31. It is the first provider to reduce prices since 2020, though it still remains among the most expensive on the market.