Cost Of Living

Ian Guider: Consumers have had a bellyful of cloak and dagger tactics from energy firms

Inflation may be coming down, but even a state company like the ESB can’t seem to tell us when we’ll be seeing the evidence on our bills

With average household energy bills having soared to north of €2,000 annually, what most people want to know is when will the drop in wholesale costs trickle down to them. Picture: Getty

We appear to be getting on top of the battle with inflation. Prices last month still rose more than they were rising a year ago, but the overall rate has more than halved since its peak last September. It may not feel like it for some people who are struggling with the cost of living crisis, but we are on the right path.

The driver of this easing in prices has been a reduction in ...