Staff at Dublin-based digital marketing agency Wolfgang Digital are taking a 25pc ownership stake in the business in what’s thought to be a first-of-its-kind deal for an Irish firm.
I bought my house 32 years ago for around €50,000. At that time my earnings were €12,000 per annum, which represented an average wage. Fast forward 32 years, the average wage in Ireland is now €45,000. However, my house is now valued at €550,000. So, wages have increased less than four-fold, while property has increased eleven-fold.
Households may get the option of signing up for a pricing system that would charge them different rates throughout the day based on the wholesale price of electricity.
A former energy minister has said smart electricity meters are too complicated for the general public, admitting he struggles with understanding how they work.