×
Eveningecho

Lower energy costs on way

ENERGY costs could be cut for consumers as wholesale costs have collapsed. Flogas has led the way offering a reduction of 2.5% from next month. Its move has inspired calls to all energy companies to cut costs, as wholesale gas prices are down 23%, according to Simon Moynihan of price comparison site Bonkers.ie. He said that switching provider is the best way to ensure savings. Energia is offering up to a 26% reduction for electricity, gas or both fuels for customers who switch to its service. Electric Ireland has cut its gas price by 2.5% and its electricity prices fell last November, and Airtricity is to reduce electricity prices from next week.

By using this website, you agree to be bound by our Terms of Use and consent to the use of cookies in accordance with our Cookie Policy.