The changes mean the average Electric Ireland customer will save just over €200 a year on their electricity bills
Around two million households nationwide are set to benefit from a decrease in electricity and gas prices from today.
Customers of Flogas and Bord Gáis Energy will also see prices drop by around 30% and 15.5%, respectively, from Monday November 6th.Percentages quoted refer to the reduction in the standard unit rate only. In most cases the daily standing charge has been reduced by a similar amount. Source: Bonkers.ie
Despite the price drops, energy prices this winter will still be around double normal levels and will remain among the most expensive in all of Europe.at almost 25% above the EU average.Bonkers.ie Head of Communications Daragh Cassidy said the price drops will be a welcome relief for many."As we head into winter when energy bills in the home usually skyrocket, these price decreases will be a massive relief for many households.
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