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Wednesday 26 October 2016

Households could save €45 as Bord Gáis Energy cuts electricity and gas prices

David Kearns

Published 09/09/2015 | 10:56

The energy supplier said in 2015 it had passed on almost a €100 in savings to customers
The energy supplier said in 2015 it had passed on almost a €100 in savings to customers

Bord Gáis Energy is to cuts its prices for the second time this year, reducing its dual fuel customers average household energy bill by €44.59 annually.

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The energy supplier announced today the unit rate of gas cut is to be cut by 2.5pc and the unit rate for electricity by a further 2.0.

Those Bord Gáis Energy customers with just gas or electricity will also see reductions - those getting their gas from the energy supplier will see their annually bill cut by €20.25, while yearly electricity bills will fall by €24.34.

These cuts will take effect on 1 October 2015, and follow price cuts earlier this year in March which the company says saved its dual fuel customers €54.38.

Read More: Bord Gais Energy makes a first-half profit of €32m for UK parent Centrica

Dave Kirwan, Chief Operating Officer, Bord GáisEnergy said: “Today we are doing what we said we would do in January 2015; passing on wholesale cost savings to our customers as soon as we can.

“Combined with our January price cut, today’s announcement brings the total annual savings for Bord Gáis Energy dual fuel customers to almost €100, and we hope this will help our customers budget their winter energy bills.”

A spokesperson for the energy firm said the average savings per household would differ depending on energy use.

"A dual fuel home with an average electricity usage of 5,300 kWh per annum, on a Residential Urban 24 hour tariff, and an average gas usage of 13,800 kWh per annum, as per CER, will see a saving of €44.59 annually," they said.

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