Wednesday 22 November 2017

Saving big on utility bills requires small amount of energy on our part

David Kerr

Gas and electricity used to be things nobody really cared about. The reason was simple – you bought your electricity from the ESB and your gas from Bord Gais. You paid your bill every two months and pretty much forgot about it.

When the Commission for Energy Regulation (CER) began its process of energy market deregulation it did so with the firm intent of providing customers with access to competitive tariffs. This is based on trusting that market forces will apply and competition will deliver customer value.

Has the increased competition worked to control prices? There are now four domestic gas suppliers and five domestic electricity suppliers (of which two are exclusively pay-as-you-go suppliers).

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