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: 26°C Thursday 11 August 2022

Bord Gáis announces 2.2% electricity price increase

After absorbing the price increase for the winter, Bord Gáis Energy is to add around 50 cent a week to bills.

Image: Photocall Ireland

Updated 11.45pm

BORD GÁIS ENERGY has said that electricity prices are to go up from 1 March.

The company says outside factors are responsible for their decision to end their winter price freeze.

The rise will add around 50 cent to the average household bill, they say.

The company had absorbed what they called increased costs over the winter, but were now going to raise prices. They point to a weakened euro and “volatility in international wholesale energy costs”, which Bord Gáis Energy has absorbed over a sustained period.

Dave Kirwan, the managing director of Bord Gáis Energy says that the company were the last to raise their prices.

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.

“Bord Gáis Energy regrets that any price increase is necessary but the factors driving this increase are outside our control.

“We continue to work hard to keep bills as low as possible, offering new and existing customers value for money and helping them to manage their energy costs, especially throughout the winter period.”

- First published 3.05pm

Read: EU Commission sets out plan to harvest energy from our seas and oceans

Column: The people should have a say in planning Ireland’s energy grid

Read next: