Ireland's population and energy market are both too small for the EU to intervene
Irish people are paying 80% more than the European Union average for electricity, even though wholesale prices are falling.While figures compiled by the cross-border Household Energy Price Index show prices here are the highest in Europe, at around €900 a year more compared with the EU average.Chair in Net Zero Infrastructure at the University of Manchester, Aoife Foley, said people need to shop around for their energy prices 'the same way they do for their mobile phone bill'.
"Greece and Ireland, and the UK - if we would say European countries - with Denmark would have the highest energy prices," she said. "We're not their key concern, and it's a carrot or a stick approach with them in terms of our budget surplus and where that comes from.""Get yourself wrapped up, think ahead, look at all the electricity prices and energy prices from the different suppliers," she said.
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