News Formal

PrepayPower becomes latest energy company to announce price hike

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 50%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The increases will kick in from 1 October.

Image: Shutterstock Image: Shutterstock PREPAYPOWER HAS BECOME the latest energy firm to announce it is increasing its prices.It is expected that the changes will increase the cost on average by €6.53 and €8.24 per week.

“We continue to work hard to protect customers to the greatest extent possible from the impact of these international developments.” Figures from the CSO show there was an increase in the price of wholesale electricity in July, with prices 47% higher than the previous month. The price of electricity is now 86.3% higher than in July 2021.

Earlier this month, EirGrid temporarily issued an amber alert warning of low winds and tight margins between demand and supply – the latest in a series of such alerts in recent weeks.A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small business fears over price hikes - 'Our energy bill increased by 180%'One coffee shop owner has said the current cost of living crisis is making their business 'close to unsustainable'.
Source: NewstalkFM - 🏆 19. / 55 Read more »