Irish households are being warned to brace themselves for a raft of energy price increases from April 1.
Electricity prices in Ireland are already the fourth most expensive in the EU, while gas prices are the seventh highest.
The energy price increases will be staggered throughout the month, depending on which provider households use.
Around 270,000 SSE Airtricity customers will see electricity prices go up by 6.2%, while 85,000 gas consumers will see a rise of 4.5%.
Meanwhile, customers of Pinergy will see electricity costs increase by 4.2%.
Energia’s 160,000 electricity customers will see a rise of 8.6%, while 60.000 gas customers will pay 5.7% more.
This means the average customer will pay around €100 and €50 a year extra for electricity and gas respectively.
Bord Gáis Energy plans to raise their electricity prices by 8%, adding more than €80 to their 350,000 customers’ annual bills.
However, Ireland’s second-biggest energy supplier says that the company’s freeze on gas prices will remain in place for now.
Panda Power, Iberdrola, Glowpower, and Flogas are also increasing prices later this month.
Full story available on the Irish examiner, link here