Friday 15 November 2019

Latest €71 rise means annual energy prices were over €200 lower in 2011

DOMESTIC gas prices have risen steeply in the past few years, putting additional heat on household budgets.

Last summer the average household was paying €727 a year for gas to heat and cook in the home.

Then this time last year Bord Gais was granted a 22pc price rise.

Combined with a small rise in the carbon tax on gas bills earlier this year, this sent the annual cost of a year's gas supply up to €890.

And the latest price rise for residential customers of Bord Gais will add €71 to the annual cost of using gas.

Households get six bills a year. This means that each bill will go up by €12 on average.

After gas prices go up again from October 1, the average house will be facing an annual bill of €960 for gas.

Other providers are expected to face pressure to raise prices. Higher wholesale gas prices and the weakness of the euro against sterling have been blamed.

Irish Independent

Editor's Choice

Also in Irish News