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Dublin Live
Dublin Live
National
Kim O'Leary

Electric Ireland customers to receive €50 credit as company to forgo profits

Electric Ireland is giving its residential customers a €50 credit due to the "exceptional circumstances” surrounding energy prices.

The State’s largest electricity supplier to the residential sector says its 1.1 million-plus customers will receive the €50 over the next two weeks, although the credit will not apply for gas customers. Electric Ireland will also increase funding for the Electric Ireland Hardship Fund to a total of €5million.

Pat Fenlon, the company’s executive director, said in a statement: “2022 has been a very challenging year for energy customers, primarily as a result of increases in international gas prices. We are acutely aware of the pressures that customers face this winter.

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