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Irish Mirror
Irish Mirror
National
Ferghal Blaney

Energy companies in Ireland accused of 'outrageous profiteering’ amid cost of living crisis

Energy companies have been blasted for “outrageous profiteering” in not passing on falling costs to customers.

Wholesale electricity prices are at their lowest since August last year but the bills sent to homes and businesses continue to hover near record highs, while the firms continue to make huge returns.

The latest statistics from the Central Statistics Office show they were down 52% last month, after falling 27% in September.

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