The Journal·3 min read·medium

SSE Airtricity customers' bills to increase as 'unwelcome' price hike announced

E
Emma Hickey
SSE Airtricity customers' bills to increase as 'unwelcome' price hike announced
AI Summary

Energy provider SSE Airtricity has announced significant price hikes for electricity and gas customers in Ireland, effective October 5. The company cited global market volatility and increased network charges as the primary reasons for the increase.

Why it matters

Rising energy costs directly impact household budgets and contribute to broader economic inflation, highlighting the vulnerability of consumers to global energy market fluctuations.

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ENERGY PROVIDER SSE Airtricity has announced it will be hiking its rates for electricity and gas next month.

The price change for standard variable household electricity, gas unit rates and electricity standing charges will come into effect on 5 October.

A typical electricity customer’s bill will increase by 8.9% as a result, totalling €3.31 per week. For gas customers, the bill increase amount will be 9.3%, or €2.67 per week.

“This will result in an additional €0.47 per day on the average electricity bill and €0.38 per day on the average gas bill,” the company said.

“Dual fuel household bills will increase by 9.1% on average, equivalent to around €0.85 per day”, or €5.99 a week.

Electricity standing charges will increase by 6.1%. There will be no change to gas standing charges.

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