According to the Commission for Energy Regulation , switching customers will be able to save little more than €300 by moving from one provider to another.
Electric Ireland said that it was currently offering a €150 welcome bonus to new customers which is paid in the form of energy credits on the bill plus a discount of up to 8.5 per cent on standard unit rates if they sign up to a direct debit and paperless billing. He said the company had reviewed its discounts recently, “having maintained them as high as possible and for longer than many competitors”.
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Price gouging scum