Irish households had highest electricity prices in Europe in 2024, new study finds

Commission for Regulation of Utilities predicts annual household bills may rise by €59–€106 by 2029-30.

Irish households faced the highest electricity prices in Europe in 2024, with interventions such as energy credits not even bringing us back to the EU average, a new study has found.

The Economic and Social Research Institute (ESRI) said consumers in Ireland can be at the whim of global gas markets when it comes to how much they pay for electricity, while annual household bills may rise between €59 and €106 by 2029/30 due to network tariffs.