SSE Airtricity to raise gas and electricity prices from 14 July – typical dual fuel customer will see an annual increase of €140
This afternoon, SSE Airtricity announced the first energy price hike of the summer, following last winter’s slew of increases.
The supplier’s dual fuel customers will see bills increase by 8.9%, while those with a standalone electricity plan will see an increase of 6.4%, and those with a standalone gas plan will see the standard price rise by 12.3%.
While we did see a number of price hikes last year, these ranged from 3% to 5.9% for a single fuel, so these increases from SSE Airtricity are really significant. The supplier has said that the average dual fuel customer will end up paying €2.70 more per week, which comes to a whopping €140 per year.
SSE Airtricity hiked its electricity prices by 5.6% back in November, but did not hike gas prices at that time. Again, the supplier says these latest increases are down to rising global energy costs.
Commenting on the announcement, Eoin Clarke, Managing Director of Switcher.ie, says: “During the summer months, energy bills are probably the furthest thing from consumers’ minds. However, news of this price hike should be a wake-up call for SSE Airtricity’s customers, and – judging by the trend last winter – could be a warning sign of things to come from other energy suppliers too.
“Last year, the biggest price hike we saw was 5.9%, so to see these ones coming in at a much higher rate is really worrying and could mean we’re in for a summer of significant price increases. And, although we may be using less energy during the summer months, these price hikes will surely have a big impact as the colder months creep in.
“Only around 15% of Irish consumers switch energy each year, which means the vast majority are missing out on huge savings. Regardless of what supplier you’re with, we’d strongly encourage anyone who hasn’t switched in the last 12 months to compare energy deals and make a switch sooner rather than later. An average dual fuel customer switching from typical standard tariffs to the cheapest deals on the market can save up to €342, and you’ll save even more if you have higher consumption, so taking a few minutes to compare deals and switch could really pay off.”
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 information, visit Switcher.ie
For further information please contact:
Maeve McLaughlin, Switcher.ie on 01 517 5922/087 133 2526 or firstname.lastname@example.org
Images for use are available on Flickr here.
Notes to editors
 Source – Switcher.ie: How does Switcher calculate its savings messages?
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. Switcher.ie is 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.
Broadband customers can conduct a speed test to find out how fast their broadband is and to identify the best broadband provider for their location.
Switcher.ie is owned by Switcher Limited, a privately funded internet-based business focused on consumer engagement and innovation.