The risk of fuel poverty increasing for many



The move to increase electricity costs at the same time the country moving into the fourth wave of Covid-19 has been described as far from ideal by a local Councillor.

 

Councillor Padraig Fallon Says the confirmation that Electric Ireland is to increase their residential electricity prices by 9% and residential gas prices by 7.8% from August 1st will be another contributing factor in many people experiencing fuel poverty.

 

 

The increase will add almost €100 a year to the average annual electricity bill and €60 to the average annual gas bill.

 

Electricity prices in Ireland are already 23% above the EU average and the fourth most expensive in the 27-nation EU, according to recent figures from Eurostat.

 

The Manorhamilton based Coucillor says these increases coupled with petrol and diesel prices rocketing will to financial pressure for many.

 



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