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Bord Gáis

Bord Gáis planning 7.54 per cent price hike

The energy supplier has asked the regulator for permission to raise prices by 7.54 per cent in October.

STAYING WARM THIS winter will cost a little more if Bord Gáis Energy receive the permission sought to increase its residential gas tariffs by 7.54 per cent from October.

The Commission for Energy Regulation (CER) has started a public consultation in relation to the request and it will make its decision in August.

BG Energy told the regulator that the price hike is due to higher commodity costs and network tariffs – and not because of company expenditure or processes. As Ireland receives virtually all of its gas from Great Britain, costs have increased because the value of the euro has decreased considerably against sterling over the past 12 months, it explained in its application.

The CER has said it will only allow the agency to pass on costs to customers if they are “efficiently-incurred”.

In a statement published yesterday, it added:

If, following the public consultation and a CER review, a gas price rise is granted, it would be with regret given the current difficult economic climate.

There have been a number of gas prices rises across European countries since 2010 and recent data from Eurostat shows that Ireland’s residential gas prices are below EU average.

The regulator has encouraged consumers to ‘shop around’ before settling down with a supplier.

Last year, BG Energy received approval for a 22 per cent price hike. Although its tariffs are the only ones set by the regulator, other energy suppliers such as ESB and Airtricity will normally track trends in the market.

More: Gas prices likely to rise but too early to say by how much – Bord Gáis>

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22 Comments
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    Mute Frank Mc Carthy
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    Nov 26th 2024, 3:28 PM

    Taken far too soon!

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    Mute Phillip Smyth
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    Nov 26th 2024, 4:37 PM

    @Frank Mc Carthy: sadly missed by small number of relatives.

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    Mute Basildon Joe
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    Nov 26th 2024, 5:16 PM

    @Frank Mc Carthy: good enough for him frankie

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    Mute Tired Jim
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    Nov 26th 2024, 3:38 PM

    Poor aul divil RIP

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    Mute Phillip Smyth
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    Nov 26th 2024, 4:35 PM

    @Tired Jim: your next if you keep posting that drivel

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    Mute Jimmy Kiely
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    Nov 26th 2024, 7:08 PM

    @Phillip Smyth: me think he has passed away already.

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    Mute John K
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    Nov 26th 2024, 3:28 PM

    Struck down in the prime of his life! RIP

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    Mute Maximilian Kolbe
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    Nov 26th 2024, 3:30 PM

    @John K: you waited til he died to say that, knowing he would absolutely batter you at 111 years old if you said it then.

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    Mute John K
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    Nov 26th 2024, 4:34 PM

    @Maximilian Kolbe: my reply where I jokingly claimed to beat this gentleman up when he was 110 was obviously deemed toxic and removed! Just to clarify for the staff at the Journal, I did not assault the former oldest man in the world.

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    Mute Maximilian Kolbe
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    Nov 26th 2024, 5:47 PM

    @John K: you’re a dangerous man.

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    Mute Andrew Kenny
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    Nov 26th 2024, 4:34 PM

    Some milestone. Rest in peace sir.

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    Mute Matt D
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    Nov 26th 2024, 3:35 PM

    I’m just here for the comments & my God I’m not disappointed.

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    Mute Clare Power
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    Nov 26th 2024, 3:41 PM

    @Matt D: I’m waiting for the comment… sure he smoked 40 a day and drank whiskey, and it did no harm..

    43
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    Mute Alan Moloney
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    Nov 26th 2024, 4:36 PM

    @Matt D: some very very sad people around not every person gets to that age

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    Mute Shanie
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    Nov 26th 2024, 4:44 PM

    @Matt D: Very toxic

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    Mute Patrice Ahern
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    Nov 26th 2024, 4:52 PM

    @Clare Power: 40 fags a day!? You’d better get your facts right: it was a hundred a day & didn’t knock a feather out of him. He had just finished re-roofing his house 2 days earlier & his great great great granddaughter said she had never seen him looking so alert and sprightly.

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    Mute Clare Power
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    Nov 26th 2024, 5:53 PM

    @Patrice Ahern: lol

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    Mute Jack Hayes
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    Nov 26th 2024, 3:30 PM

    Thoughts and prayers.

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    Mute Tommy Roche
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    Nov 26th 2024, 8:28 PM

    @Jack Hayes: Prayers. That’ll help.

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    Mute Phillip Smyth
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    Nov 26th 2024, 4:34 PM

    I will live to that age if it kills me.

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    Mute Soundy Sound
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    Nov 26th 2024, 4:15 PM

    This constant back and forth accusations of people being multi account trolls is getting extremely tiresome and is ruining every comments section. Please stop – on both sides!

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    Mute Brendan O'Brien
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    Nov 26th 2024, 4:26 PM

    @Soundy Sound: I think it would be more accurate to say that one individual, a multi-account troll, is ruining every comments section, and has been doing so for a long time. Of course there are false accusations in the other direction, but I do think this person needs to be challenged.

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    Mute Brendan O'Brien
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    Nov 26th 2024, 4:29 PM

    @Soundy Sound: Especially as The Journal does nothing about the problem.

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    Mute Frank Mc Carthy
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    Nov 26th 2024, 4:36 PM

    @Brendan O’Brien: deflection as usual brenny…..all to get more £€$ …. despicable what you’re doing to this valued site

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    Mute Frank Mc Carthy
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    Nov 26th 2024, 5:01 PM

    @Brendan O’Brien: I’ll NEVER TAKE THE BAIT—- you won’t score €€€ from me!!!!!, but keep trying, lol

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    Mute Brian
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    Nov 26th 2024, 5:02 PM

    @Frank Mc Carthy: You can keep reporting the comments Multi ID troll but it’s not gonna save you.. times up Ken,Buster, Frank Kevvy … lol

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    Mute Brian
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    Nov 26th 2024, 5:09 PM

    @Soundy Sound: That’s all well and good Soundy sound.. but we literally have one guy assuming Multi IDs and often other usernames IDs to spam this comments section for over a year now. As he’s called out on it, he ramps up his account numbers and starts attacking genuine posters. He has a serious issue.. and you’re right he is ruining this comments section. I suggest you look at the proof.. as if it were needed.. and act accordingly..

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    Mute Basildon Joe
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    Nov 26th 2024, 5:18 PM

    @Brian: you ruin it Brenda you filthy slag

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    Mute HisMastersAlibi
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    Nov 26th 2024, 7:21 PM

    @Soundy Sound: There is no back n forth,it’s people pointing out the one gobdaw that is multi account spamming. The Journal has completely failed in its duties so direct your anger at them.

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    Mute Shanie
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    Nov 26th 2024, 4:30 PM

    Fair play he seen it all

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    Mute The Gate Florist
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    Nov 26th 2024, 6:15 PM

    Rip what he must has seen and lived throughout his life, unlike the trools here

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    Mute Phillip Smyth
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    Nov 26th 2024, 6:20 PM

    @The Gate Florist: yes indeed the mind boggles what tales he could tell and monumental events in history over a century.

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    Mute martin finnegan
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    Nov 26th 2024, 7:58 PM

    Rip great age got too. Got to see so much change

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    Mute Patrice Ahern
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    Nov 26th 2024, 4:38 PM

    As Joe (so to speak) Duffy would say, “A young man” and he might, just might, add “so to speak”, so to speak.

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    Mute John Sleator
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    Nov 26th 2024, 5:18 PM

    If that was in Ireland chances are he passed 20 years ago and the family still pulling the pension each week.

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    Mute Gerard Martin
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    Nov 26th 2024, 5:31 PM

    At what age do you start looking over your shoulder for Conor McCloud?

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