Energy

Flogas announces 30% price cut for customers

It is the sixth company in Ireland to announce a reduction in prices

Flogas Energy has followed a trend of energy providers announcing price cuts. Picture: Tomohiro Ohsumi/Bloomberg

Flogas Energy has announced a 30 per cent reduction in its prices for electricity and natural gas. It has become the sixth company in Ireland to announce such a reduction in prices and follows PrePay Power making its announcement on cuts on Friday.

The price cut by Flogas is the largest by any energy provider so far. The cuts will amount to average reductions of €895 per annum on standard rate electricity bills, €778 on ...