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More than 1 million customers to benefit from electricity price cut

Customers are due to save around €58 a year.

MORE THAN ONE million Electric Ireland customers are set to benefit from a major price cut.

A drop of 6% to standard unit rates for residential customers will come into effect from 1 June.

According to the company, this will save the company’s 1.2 million residential customers an average of around €58 a year.

This move is in keeping with a downward trend across the energy sector.

Earlier this month a report published by Vayu Energy found a 45% drop in gas prices in April compared to a year previous – something that it put down to an abundant supply and the strong position of the euro.

In a statement today, Electric Ireland’s executive director Jim Dollard said:

Today’s announcement is good news for Electric Ireland’s 1.2 million residential electricity customers – it means the average annual residential bill for our customers will have reduced by more than €100 over the last 19 months.

According to the company it is the third price reduction in two years.

Electric Ireland is operated by semi-state company ESB, who last month saw its profit after interest and tax hit €286 million – a 33% boost on the year before.

Read: This is what ESB want you to do if you’ve received one of these scam emails

Also: Power isn’t quite paying like it used to for ESB

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49 Comments
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    Mute Colin Keogh
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    Aug 17th 2018, 10:19 PM

    So happy great news

    549
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    Mute Gerard Angland
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    Aug 17th 2018, 10:20 PM

    Inspirational girl. Brilliant news.

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    Mute Peter Murphy
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    Aug 17th 2018, 10:26 PM

    Great news, Iremember watching her on Rte news and she was very determined then fair play to her and all the people who helped her.

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    Mute Michael Madden
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    Aug 17th 2018, 10:26 PM

    Great news, wish all the best in the future

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    Mute Peter
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    Aug 17th 2018, 10:29 PM

    It’s sad to think if Ireland’s healthcare can’t help her and they won’t pay to send her somewhere that can. Hope she’s doing well.

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    Mute Joey Navinski
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    Aug 17th 2018, 10:45 PM

    @Peter: I’d like to know why that wasn’t offered too but listening to this girl and her mother on the radio today and in the past, I doubt they’re the type to whinge or moan about obstacles. So happy to hear this good news and a testament to determination and perseverance.

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    Mute Niamh Leahy
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    Aug 18th 2018, 12:30 PM

    @Peter: the HSE will fund treatment in EU countries , but not outside it , it’s one of the first things they tell you on receiving a rare cancer diagnosis. If they had to fund treatment in America we would need a fund just for that , it would cost €200 grand plus for each patient and a lot of it would be experimental.

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    Mute Paraic
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    Aug 17th 2018, 11:05 PM

    Best news story of the month.

    124
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    Mute B-Tech Roadman
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    Aug 17th 2018, 10:30 PM

    Good girl.

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    Mute john
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    Aug 17th 2018, 10:49 PM

    Great news so happy

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    Mute Patricia Ellis Dunne
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    Aug 17th 2018, 11:34 PM

    Humbled by what I take for granted. Wonderful news

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    Mute Patrick Duggan
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    Aug 17th 2018, 11:23 PM

    Congratulations, and wishing you nothing but the best for the future.

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    Mute Jonathan Whelan
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    Aug 17th 2018, 11:09 PM

    Fairplay to her, but this is something the goverment should be ashamed about where was the monetary support for this girl?? She was/is in need of social/goverment help, not the likes of the able bodied people drawing every penny out of the state.

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    Mute Noreen Court
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    Aug 17th 2018, 11:21 PM

    That is absolutely fantastic. Long may it continue

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    Mute Mandy Seiler
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    Aug 17th 2018, 11:42 PM

    Fantastic news! Wishing her all the very best for a long, happy and healthy future.

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    Mute Denise Sheehan
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    Aug 17th 2018, 11:53 PM

    The best news I’ve heard all day. Congratulations for being a brave young lady ❣

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    Mute Jan Janet Coyle
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    Aug 17th 2018, 11:26 PM

    Brilliant Delighted xx

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    Mute LCR
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    Aug 18th 2018, 12:31 AM

    Delighted for you Shan! Wishing you good health, happiness and a safe journey home!!

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    Mute Fearghal
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    Aug 18th 2018, 2:19 AM

    Amazing news! That original video broke us all and it has turned out incredibly well. Wishing her and her family the healthy and happy life she deserves!

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    Mute Celtic_Horizon
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    Aug 18th 2018, 8:44 AM

    Best donation ever

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    Mute James Mc Loughlin
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    Aug 18th 2018, 9:26 AM

    Great news for this person,but why are our doctors not trained in this way and save more lives

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    Mute Tordelback
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    Aug 18th 2018, 10:26 AM

    Brilliant news, this! But aside from the incredible cost of US healthcare (How could any treatment cost 700K – *20 years* of the average wage?), and the failure of our State to assist, surely the big revelation is that you can’t get a Chinese takeaway in Houston…

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    Mute Charliegrl80
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    Aug 18th 2018, 11:11 AM

    Brilliant News! Wishing you health and happiness for the future.

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    Mute RJ.Fallon
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    Aug 18th 2018, 10:57 AM

    Well done,

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    Mute Dale Hennessy
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    Aug 18th 2018, 6:30 PM

    Shame on our so called government. How many other cases are out there? And we put up with it time and time again!! Where will it all end?? Still they will do nothing!! Great little country me hole!! Well done Shauntell.. you are an inspiration..

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    Mute Shane Brigdale
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    Aug 17th 2018, 11:54 PM

    That is so great to hear. Well done !! X

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