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Electric Ireland Will Hike Its Energy Prices From May 1st

File image: Electric Ireland via Twitter

It will add €25 euro a month to the average electricity bill.

Electric Ireland's the latest energy provider to announce a hike in its gas and electricity prices.

From May 1st electricity bills will rise by 23.4%, while gas prices will increase by 24.8%.

The company says sustained changes in the wholesale cost of energy continues to drive price adjustments.

The rise in costs will add almost €25 a month onto the average electricity bill and just over €18 on to the average gas bill.

A €2 million hardship fund will remain open to customers experiencing difficulties paying bills, according to the firm.

 

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