Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Dublin: 15°C Tuesday 9 August 2022

Airtricity announces rise in gas and electricity prices

Customers face an increase in the cost of their gas and electricity from the middle of next month, the company said today.

File photo
File photo
Image: Sam Boal/Photocall Ireland

THE ENERGY COMPANY Airtricity has announced that its prices will rise from the middle of next month.

The company said that it will increase electricity prices by 4.7 per cent and gas by 8.5 per cent from 15 October. Customers who are on pre-paid meters will not be affected.

Airtricity has 370,000 electricity customers and 110,000 gas customers in Ireland.

The company blamed the increase on the cost of using the national transmission grid, the weak euro against the sterling and the overall pressure on wholesale energy prices for the rise.

“We are genuinely aware of the financial pressures facing households right now.

“That’s why we are doing all we can to offer a fair price for the energy we supply and to minimise the impact of price increases on our customers,” Airtricity’s managing director Stephen Wheeler said in a statement.

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

For the price of one cup of coffee each week you can make sure we can keep reliable, meaningful news open to everyone regardless of their ability to pay.

Already Bord Gáis has announced an 8.5 per cent increase in its prices for gas customers while Electric Ireland has also announced price rises for its gas and electricity customers from 1 October.

Read: Role of energy regulator questioned after Bord Gáis price hike

Read: Airtricity under investigation after disclosure of customer information

About the author:

Hugh O'Connell

Read next: