Energy Analysis: Energy prices may drop a further 20% this year but cuts hinge on stable gas marketEstimates by Paul Deane of the MaREI institute in UCC suggest electricity prices could fall a further 15-20 per cent this year
News Storm Gerrit sees homes left without power and flights cancelled South East bore the brunt of the high winds with 1,700 homes left without power
News SSE Airtricity to slash its electricity rates by 12.8% in February The reduction will lower the annual bill of a typical electricity customer by €219.29 and of a typical gas customer by €157.07
Energy ESB’s half year profits surge 80% to a record €676mThe semi-state energy company attributed the higher profits to continued high electricity costs, increased network charges and foreign exchange tailwinds
Energy Electric Ireland to reduce prices in move that could cut customers’ bills by €400 a yearEnergy provider has announced 10% reduction in electricity prices, and 12% in gas prices, from November 1
Energy ESB says it made no money from residential customers as profits surge to €847mThe company said the rise was due to the impact of higher wholesale prices on other parts of it business
Energy Electric Ireland drops energy prices for businesses, but not for householdsWholesale energy costs have fallen to an 18-month low, but the company said it will keep rates for residential users under review
Energy Crisis Electric Ireland says most of surging profits will be returned to the stateThe firm is owned by the ESB, which recorded earnings of €390 million in the first half of the year as energy prices surged
Energy Watchdog tells energy firms to pay solar households for powering gridElectricity companies are legally obliged to make the payments to energy-generating households, farms and businesses since last month
Amount of renewable energy declared by providers substantially higher than official figuresThe 15 per cent gap between EirGrid’s figures and the amount declared by electricity suppliers, is due to the European Guarantees of Origin scheme
Energy squeeze to push household bills up €500 next year Bank of America predicts energy costs will jump by a third this winter, driven by a severe shortage of gas supplies
Diarmuid Gavin teams up with Electric Ireland to help homes go greenThe garden designer and the utility company will show how smart meters can save electricity – and money – as we move toward a more sustainable way of life