Sunday May 31, 2020

Market is re-energised by new player's arrival

Energia is opening for business in the domestic energy market, Bord Gais is about to be deregulated and consumer groups are gearing up to lobby suppliers over bills, writes Emma Kennedy.

2nd February, 2014
Ian Thom, group chief executive, Viridian, and Gary Ryan, retail director, Energia, at the Energia announcement of its entry into the residential electricity and gas market. Picture: Feargal Ward

The arrival of Energia to the domestic energy market last week is likely to result in energy suppliers competing for market share, which could be good news for consumers.

Energia has been supplying energy to Irish businesses for years, making the move into the domestic market a logical one.

Figures from Energia suggest that consumers can yield annual savings of up to €180 for electricity and €125 for gas off the standard rates of other...

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