Electricity supplier Pinergy has become the first Irish energy company to cut their prices in three years.
The reduction will see the typical household bill fall by 7.1%. For its 30,000 residential customers, this will result in an average saving of €183 on an estimated annual bill.
The price cut will kick in on March 31. Pinergy have increased their rates multiple times of the past two years, with their most recent price hike kicking in last month.