Energy
Electricity wholesale prices fall to lowest level since 2021
Daragh Cassidy of bonkers.ie said that further cuts from electricity providers would leave prices 50-60 per cent above pre-2021 levels
Wholesale electricity prices fell by 47 per cent in the twelve months to February, their lowest level since the start of 2021.
Taken on a month-to-month basis, new figures from the Central Statistics Office (CSO) indicate that the price of electricity dropped 15.3 per cent between January and February, having risen in the month before January.
According to the CSO’s wholesale price index, producer prices for food products dropped by 9.3 per cent in February ...