Irish electricity prices rank second highest in new survey via IrishTimesBiz
Boxt’s survey notes that the price for electricity in the Republic is 53 per cent higher than the average of 10 countries it surveyed, which include big EU states Spain and Germany, as well as the UK, Switzerland, Japan and Australia.
However, it adds that the Republic’s natural gas prices are more affordable, at 5.21p for the equivalent of one KW/h. Spain has the third highest electricity prices, at 18.51 a KW/h. Spanish authorities recently capped charges at €130 a megawatt hour , the unit in which electricity is traded on wholesale markets, following a record rise to €210 MW/h.The Czech Republic is cheapest for electricity, at 12.69p, while Germany, one of the EU’s biggest economies, also ranks far behind the Republic at 13.58p, ranking it second lowest on the survey.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chuck Schumer backs Irish unity and greater access to US for Irish immigrantsSenate majority leader describes British legacy legislation on Northern Ireland as ‘wrong’
Read more »
History as Republic of Ireland cap first Belfast-born player since 1946Mark Sykes last night became the first Belfast-born player to represent the Republic of Ireland for 76 years.
Read more »
Uniphar acquires Dutch pharma wholesaler BModesto for €75mDeal ‘transforms’ Irish-listed healthcare group’s capacity in continental Europe
Read more »