Gas prices are set to rise by over 29%.
Electric Ireland's increasing residential gas and electricity prices from the 1st of August.
Electricity bills are set to rise by 10.9% and gas bills by 29.2%..
It is the second Electric Ireland price hike this year, and the fourth since last year.
The latest move will add €164 a year to the cost of electricity for its 1.1 million customers.
Gas costs will be €350 a year more expensive after the latest rise.
Electric Ireland gas prices will have gone up by 93% when the new increase is implemented.
The company's blaming the situation in eastern Europe and a reduction in the reliability of gas flows, which's leading to sustained higher energy costs throughout Europe.
Electric Ireland said it has pledged €3m for new a hardship fund to support its customers.
Bonkers DOT-i-e spokesperson Darragh Cassidy says it's the companies second price hike in recent months:
Local TD Accepts Data Centres Are A "Particular Issue" In Ireland
Katie Taylor Tickets Sell Out for Croke Park Final Fight In September
New Digital Wallet Might Be Needed To Access Pornography Online
Two Men Arrested As Gardaí Seize Firearm And Drugs In Blanchardstown
Trial Of Man Accused Of Attempted Murder Of Three Children Will Be Shown CCTV Today
Second Night Of Riots In Belfast
Victim Loses Eye After Attempted Murder In Belfast On Monday
Report Finds Over 95,000 Children Are In Poverty
