The previous few months have been the most convenient for customers in regards to energy costs, as most, if not all providers’ costs are trending in 1 direction and one direction only.
Electric Ireland has declared today that it is increasing both its power and gas rates.
That is bad news also considering that the rising likelihood of additional increases within an no-deal Brexit situation, as Ireland currently imports nearly 90 percent of its overall energy, the vast majority of that comes in the united kingdom.
What is increasing?
Electric Ireland will improve its power costs by 4 percent and its gasoline costs by 4 percent by 1st April 2019.
This equates to a rise of $38.40 annually (incl. VAT) for power and $29.88 annually (incl.