Ireland's top energy companies have released updated statements on whether or not they plan to follow rival Pinergy and drop prices for customers this year amid the cost of living crisis.
Many thousands of households are struggling to pay their gas and electricity bills amid the cost of living crisis, and in recent months under packages in the Budget energy credits have been given to help them. On Monday, Pinergey became the first Irish energy provider to slash prices for their 30,000 Irish customer base, with household bills set to drop by 7.1% per home.
This week the Irish Mirror asked energy companies Electric Ireland, Bord Gais and Airtricity if they intend to drop their prices. In a statement, Electric Ireland said that price rises have been driven by wholesale gas costs, which have increased by many multiples over the past 18 months.
