Electricity to be 60% dearer than in 2001
Consumers will pay 60 per cent more for electricity than they did in 2001 when the ESB’s latest price increase kicks in next January, according to figures disclosed to a Dail energy committee this week.
The committee has expressed concern about the impending 20 per cent electricity price rise, as well as last week’s 34 per cent increase in gas prices.
Committee chairman Noel O’Flynn said Ireland had the seventh-highest electricity prices in the EU and that, from January, Irish consumers would pay about 17.5 per cent more for electricity than their British counterparts.
‘‘People are rationing their own electricity and gas. Is that situation not intolerable, and should...
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