Electric Ireland to cut prices by up to 5% for residential customers

The energy provider has revealed all Electric Ireland Smart Meter Plans unit rates will be reduced by 5%, with an annual decrease of between €64 and €75 for customers, depending on their plan.

Electric Ireland has announced further price cuts, reducing its rates by up to 5% for certain customers.

The announcement is the company’s third price reduction over the past 12 months for its 1.1 million residential customers and will come into effect from November 1, 2024.