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Sherman switches to ground water for line repair

Sherman switches to ground water for line repair
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A sixth energy provider is now increasing its prices

Gas prices are rising by 6.5pc, which will add €53 to the average residential bill. The company insisted its natural gas prices will still be lower than this time last year, due to a 10pc price cut implemented last October. And it said its electricity increase comes after a six-month price freeze announced last October. All electricity supplied by Flogas is 100pc renewable, it said. Flogas Energy general manager Paul Kenny said: “We have kept our promise to freeze and reduce prices throughout the winter months, but increases are necessary due to the same rising wholesale and network costs that have affected all suppliers.”

Bord Gáis becomes the seventh energy provider to increase prices

Price rises have already been announced by Energia, SSE Airtricity, Panda Power, Pinergy and Glowpower. All eyes are now on the country’s biggest electricity supplier, Electric Ireland, to see what it does. Daragh Cassidy of price comparison site Bonkers.ie said with around 350,000 electricity customers, Bord Gáis is by far the biggest electricity supplier to announce a price hike this year. He said all the increases are hugely frustrating for consumers as they come at a time when energy demand in the home is at record levels due to lockdown. Mr Cassidy said that there is upward pressure on wholesale gas prices in recent weeks, prompting the price rises.

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