Panda Power is set to increase gas and electricity prices in a major blow to customers.
This is the second time the energy company has announced price hikes this year with the first instance being in May. This change will see household electricity bills increase by 12.7%, while gas bills will rise by 25.8%.
Customers will pay nearly €300 more per year on their electricity bills, while the gas bill will go up by over €400. The company said that the figures are based on a residential customer using typical consumption per annum on their standard tariff but those on discounted plans will see significantly lower increases.
