Households will be locked into ESB and Bord Gáis until September following Spanish giant’s Irish exitPulling the plug: Spanish giant Iberdrola is axing its Irish electricity and gas supply business. Photograph: iStockRegulators will begin moving Iberdrola’s 32,000 customers to Electric Ireland and Bord Gáis Energy next week after the Spanish giant confirmed it was leaving the Irish market.
The Commission for Regulation of Utilities said on Friday that it would begin moving Iberdrola’s 32,000 Irish customers to the designated “suppliers of last resort”, ESB subsidiary Electric Ireland and Bord Gáis Energy from Wednesday, June 8th. Electric Ireland will take on Iberdrola’s electricity customers while Bord Gáis will inherit its gas clients. Regulators will split dual fuel clients between the two.
The CRU pointed out that customers who want to move to suppliers other than Electric Ireland or Bord Gáis can do so by Tuesday June 7th.
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