Wholesale Energy Prices Fell Over 70% In 12 Months To August This Year

Friday, 22 September 2023 12:13

By Caoimhe Harney

The CSO also says the cost of producing food products fell overall

Wholesale electricity prices fell by over 70 per cent in the 12 months to August this year.

While the cost of wholesale electricity increased by 10 per cent in the month to August, they were 72 per cent lower in August of this year, when compared to the same time last year.

The CSO also says the cost of producing food products fell overall, but fruit and veg increased by 15 per cent.

Producer prices for drinks and clothing were also up.

More from National News

Former US Soldier, Michael Kelley, Charged In Connection With Death Of Kerry Man Michael Gaine

The 56-year-old farmer was reported missing last March - human tissue found on his farm nearly two months later was confirmed to be his
Father Punched In Head And Child Pushed To Ground During Newbridge Assault

During the altercation, the child was pushed to the ground.
Education Officials Insist Damning Celbridge Primary School Findings Require "Peer Review"

Audio

Two independent reports completed last year and seen by Kfm News warned the school’s long-standing modular building shows widespread deterioration, including structural issues and fire safety concerns.
€20k–€30k Bill Raises Doubts Around Introducing A Video Archive Of Kildare Council Meetings

Councillor Claire O’Rourke has called for the council to create a webcast library of meetings on its website, arguing it would strengthen transparency and allow people who cannot watch live - including workers and carers - to follow key decisions.
Gardaí Target Nigerian-Based Crime Gang In Series Of Raids, Including Kildare

The gang has previously been described by Interpol as a key player in cyber-enabled financial fraud and various online scams.
Kildare Gets Smallest Cut Of Funding To Upgrade Non-Public Rural Roads And Farm Access Routes

The scheme is designed to pay for repairs and upgrades to non-public rural roads and laneways - typically narrow access routes serving homes and farms that are not normally maintained by local authorities.
Major Landlord’s €31.75m Purchase Of 77 Naas Apartments Draws Political Criticism

The criticism comes as the latest Daft.ie figures show how rents are now one third more expensive than before covid, and are 80 per cent higher than they were 10 years ago.
Medically Vulnerable Council Tenants In Kildare Can Now Access Solar Scheme Amid Wider Expansion

Council officials say the Solar PV Scheme for Medically Vulnerable Customers, first launched as a pilot in 2022, has since been expanded to include all households registered under the life-support category of the Priority Services Register.