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Cost Energy Companies Buy Electricity Is 64% Lower Than Last Year

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CSO figures show they decreased by almost 18% in the month to July this year, while, compared to July last year they are 64% lower.

Wholesale electricity prices are at their lowest level since June 2021.Compared to July last year they are 64% lower.There are growing calls for energy suppliers to cut the cost of electricity for domestic consumers.

Wholesale electricity prices fell by 18% from June to July and have fallen by 64% in the past 12 months. Meanwhile, as electricity prices across Europe fall, electricity bills facing Irish households remain sky-high, unaffordable & unacceptable...

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