Energy firm joins the price cutters
Energia leccy bills to drop by 7.5% & gas by 5%
ENERGY supplier Energia is cutting its charges for domestic electricity and gas customers, in the latest round of good news for hard-hit households.
The company is reducing its electricity prices by 7.5% and its gas costs by 5%.
The changes – which will kick in from March 1 – will result in savings of €129 on the average annual standard electricity bill, while gas customers will save €65 on their average annual bill.
The decreases apply to its smart meter electricity plan, its smart meter dual fuel plan and its standard electricity, gas and dual fuel products.
However, standing charges will remain unchanged, although Energia claim its prices are among the lowest in the market.
Energia has 300,000 customers in the Republic of Ireland.
It is the second time in six months it has reduced its domestic energy prices, with the last adjustment coming in October when prices were lowered by 15-20%. Gary Ryan, managing director of customer solutions, Energia Group: “This reflects our ongoing commitment to provide the best possible value and service for customers.”
“While these further reductions are welcome, we will continue to provide customers who might be experiencing difficulty with support.” T h e latest move follows similar cuts by most of the other
suppliers in the Irish market.
Last week, Bord Gais Energy announced it will reduce its electricity rates by 10% and its gas prices by 9.5%.
That came just days after Electric Ireland, which is the biggest provider in the market, also lowered its charges.
The reductions are being made possible by the moderation in prices for energy on the wholesale markets but are still above pre-2020 levels.