Energy
Pinergy cuts prices but wholesale electricity costs remain high
Wholesale electricity prices in Ireland are still around three times normal levels.
Pinergy is to cut the cost of its standard residential electricity prices, the company said on Monday.
The new prices, which the company said will result in a 9.5 per cent drop in the typical household cost, will come into effect in October. it will mean households save approximately €220 per annum.
Commenting on the cost reduction, Bonkers.ie, the comparison website, said it expects other electricity providers to follow suit in lowers prices. However, Daragh ...
