The price increases will see an average customer’s electricity bill climb by around €350 while gas bills are set to rise by around €400 over the course of a year.
The company also said that while there will be unit rate increases, daily standing charges for electricity and gas supply will not be affected. “To say these are unprecedented times for the energy sector is an understatement,” said Daragh Cassidy of switching site bonkers.ie “Next week’s budget can’t come soon enough. However we’re deluding ourselves if we think the Government can’t shield us from the full forces of the energy crisis.”
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