Price shock: @ElectricIreland to increase electricity charges by 23.4%, and gas by 24.8% from May 1. Standing charge for electricity up 35%. This all means average electricity customer will pay an extra €300 a year, and €220 for gas customers.
— Charlie Weston (@CWeston_Indo) March 30, 2022
Zap.
This afternoon.
ESB’s Electric Ireland latest to announce a massive energy price rise (Independent.ie)
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I’m expecting to hear Airtricity are putting up their electricity prices, and their excuse.
“The wind doesn’t blown properly anymore, cos the Ukraine war bla bla bla”.
Man called to my door the other day – “would you like to switch to iberdrola, 100% renewable energy so not affected by Putin and russian gas”
I promptly informed him that all electricity in this country is a mix of wind, gas, coal, nuclear (via france) etc. Just because one company pays for carbon credits from windmills does not mean I will be immune to electric shortages due to gas supplies/prices.
And here we go, the “renewable” providers are increasing prices also. Almost as if the portfolio of wind farms they own is totally irrelevant to what they actually supply to customer.
Some ‘renewable’ providers don’t even own any generation/ wind farms…
They are basically just middle men.
Asset managers who resell electricity to you that someone else has generated, and our state owned eirgrid has managed/transported.
Sometimes state monopolies make sense, domestic energy generation is one of those times.
We don’t have an electricity connector from Ireland to France.
It isn’t due until 2026
https://www.eirgridgroup.com/the-grid/projects/celtic-interconnector/the-project/
We do link to the UK and get some of their “radioactive” electricity.
Surly a contracted price is worth the contract it’s written on
Obviously not
Now let’s see all those companies like sky holding you to a contract and screwing you to the wall in the process
I thought they already had hiked their prices.
My bill went from an average of 230 every 2 months to closer to 290.
That is mental, and businesses will have to pass that on, driving inflation onwards and upwards.
The increased standing charge is egregious. Sure the cost of gas has gone up, but sneaking in a standing charge increase that will never go down again is very sneaky.