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01/04/2022
Electric Ireland Announces 30% Price Increase
Electric Ireland has announced a 30% price increase from 01 May, which will see the average residential electricity bill rise by approximately £4.21 per week.
The energy company said that the price rise is due to continued market volatility and unprecedented increases in wholesale energy costs
Derek Hynes, Head of Residential Markets, Electric Ireland commented: "With world events continuing to impact on global wholesale energy prices, we have unfortunately been forced today to announce a price increase for residential customers.
"We would like to assure our customers we will continue to work and engage with you during this uncertain time."
Electric Ireland has around 103,000 customers in Northern Ireland.
The energy company said that the price rise is due to continued market volatility and unprecedented increases in wholesale energy costs
Derek Hynes, Head of Residential Markets, Electric Ireland commented: "With world events continuing to impact on global wholesale energy prices, we have unfortunately been forced today to announce a price increase for residential customers.
"We would like to assure our customers we will continue to work and engage with you during this uncertain time."
Electric Ireland has around 103,000 customers in Northern Ireland.
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