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Irish Mirror
Irish Mirror
National
Sean McCartaigh

Gas prices soared by 37% in first half of 2022, EU figures reveal

Gas prices in Ireland rose by 37% on average in the first half of 2022 compared to the same period last year with electricity prices up 7%, according to new figures published by the EU.

The latest figures also show the rate of increase in energy costs in Ireland has been moderate compared to many EU member states.

It has resulted in Irish gas and electricity prices becoming comparatively cheaper than other EU countries in the first six months of 2022, despite substantial increases in electricity and gas bills for households in the Republic.

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