Tuesday 12 December 2017

Upgrade will add to bills

HOUSEHOLDERS can expect to see an extra €15 on their annual electricity bills from October 1 next after the Commission for Energy Regulation approved a €2.3bn investment programme in the transmission system.

ESB Networks will spend the money upgrading power lines, and the cost is levied on suppliers who generally pass it onto consumers.

The CER said it would result in average price increases of 1.5pc on electricity bills.

This equates to about €15 per year.

Irish Independent

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