Energia has become the latest energy supplier to increase their prices after announcing their second hike of the year.
The company said that from October 7, its electricity customers will see an increase of 29% on their bills. This will cause the average electricity customer to fork out an extra €9.82 a week, while their gas customer bills will increase by 39% or an average of €10.02 a week.
Dual fuel customers will face a rise of 33% will amount to an average of €19.84 per week, Energia said. There standing charge will not be increasing.
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The company provides electricity and gas to around 160,000 and 60,000 customers respectively. This increase marks their second hike of the year, as prices were upped by just under 19% in April.
Gary Ryan, Managing Director Customer Solutions, Energia Group said: "We are acutely aware of the very regrettable impact that successive price rises are having on households and we welcome the Government’s intention to intervene in the upcoming budget to support customers.
"We will continue to support our customers and utilise our integrated energy business to minimise the impact of increasing market costs but the scale of wholesale cost increases to date far exceed our ability to maintain current customer price structures.
"We recognise the difficulty these increases will present for many households. We urge any customers experiencing financial difficulties to contact us and we commit to working on an individual and flexible basis."
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