SSE Airtricity has followed in the footsteps of three other suppliers, announcing today that it will raise electricity and gas prices for its customers by 6.3% and 6.9% respectively from 03 December 2018. This price hike will see SSE Airtricity customer’s average annual electricity bill increase by €61.36 and €52.52 added to their average annual gas bill.
This is the second time the supplier has pushed up prices this year, with gas bills increased by 12.3% and electricity bills raised by 6.4% in July – which added €140 to the average annual dual fuel energy bill.
SSE Airtricity says the latest hike in prices is a direct result of increasing wholesale costs of energy. Customers will bear the brunt of this, with SSE Airtricity bills going up by a combined total of €253.88 in the space of six months.
With Flogas, Panda Power and Pinergy already announcing winter price rises in the last five weeks, consumers are warned that other suppliers are likely to follow close behind.
Commenting on the announcement, Eoin Clarke, Managing Director of Switcher.ie, says: “As we have seen many times before, once one energy supplier increases their prices the others quickly follow suit. This is understandably a frustrating and worrying time for consumers, particularly with winter on its way when people’s energy usage typically peaks.
“The latest price hike from SSE Airtricity, the second this year, is a bitter pill to swallow for customers, with the average annual bill set to go up by €113.88 come December, just weeks before Christmas. Consumers shouldn’t be paying more than they have to when it comes to their energy, which is why we are urging people to act now and take control by switching to a cheaper and more affordable deal.
“With savings of up to €290 it makes sense to switch to a cheaper deal to bring down the cost of your bill. However, if you switched during the first round of price hikes in August, it’s important to remember that you will still be in contract and it’s likely you won’t be able to switch again without incurring an exit fee. But you can still cut your energy bills by implementing some simple energy-saving measures around your home. Whichever action you take it’s important to get ahead now to reduce the impact of your bills in the coming winter months.”
Switching is straightforward and free. Use Switcher.ie’s free gas and electricity comparison tool to get started – comparing deals and making a switch only takes around 5 minutes. For more energy-saving tips, consumers can check out Switcher.ie’s free energy-saving guides.
For more information, visit Switcher.ie
For further information please contact:
Jacinta Bonus, Switcher.ie on 01 517 5921 or email@example.com
Images for use are available on Flickr here.
Switcher.ie launched in January 2013, with the aim of offering consumers free, independent and impartial price comparison and switching services for gas, electricity, home broadband and digital television. Switcher.ie aims to make it easier for Irish households to compare prices, save money on their regular bills, get the best deals on offer and make their hard-earned money go that bit further. For five years Switcher.ie has been accredited by the Commission for Regulation of Utilities as an impartial, accurate and independent supplier of domestic energy price comparisons and is a member of Guaranteed Irish.
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Switcher.ie is owned by Switcher Limited, a privately funded internet-based business focused on consumer engagement and innovation.