SSE Airtricity has announced energy price increases for the fifth time in two years.
The energy provider confirmed that electricity bills will soon go up by 35%, while the price of gas will rise by 39%. These changes are set to come into effect for customers on October 1 st .
The increase is one of the most expensive recently witnessed in the energy sector. The company attributed the rising costs to the war in Ukraine in a statement previously available on their website.
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“We know this news will be disappointing for our customers. It was hoped market volatility would ease, but the global energy crisis continues to impact gas and electricity costs for all energy suppliers,” managing director Klair Neenan said in a statement.
The change will affect approximately 250,000 electricity customers and 85,000 gas customers. The company says that a support plan is being created to assist people who will struggle with the additional costs. Around 60,000 of Airtricity’s customer base will be eligible for the support plan, which is worth about €25 million. Details of the support plan will be issued in September to relevant customers.
The price change would see electricity bills rise by as much as €500 a year, while the annual gas bill could potentially cost an additional €600. The company has also confirmed they will try to reduce the prices when possible.
Customers who will find it difficult to pay the added costs are asked to contact SSE directly through email, as flexible payment options may be available.
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