Third energy price hike this month – Flogas to increase gas prices by 12.8% from 1 August
Hot on the heels of price increase announcements from SSE Airtricity and Electric Ireland, Flogas has just announced that it is to increase its gas prices by 12.8% from 1 August. The increase will add €92.56 onto the average annual gas bill.
In December, the supplier increased its gas prices by 3.3%, which amounted to just over €20 per year. The company says the latest hike is unavoidable, due to rising wholesale costs.
Eoin Clarke, Managing Director of Switcher.ie, says: “Three price hikes coming so close together is a worrying sign that we’re smack bang in the middle of another round of price hikes, even though we last saw price rises across the board just last winter. At that stage, gas hikes topped out at around €25 per year, so these most recent hikes are really significant.
“For customers impacted by one of these recent price hikes – or those with other suppliers who are worried they will also suffer a second price rise – now is the time to take action. There are still heavily-discounted plans available to customers who switch to a new supplier, along with ongoing discounts for things like paying by Direct Debit, always paying on time, and opting to receive bills online. However, the problem is that less than 15% of us switch each year, so most of us are missing out on these potential savings.
“If you’re an average dual fuel customer, you could save up to €342 by switching from typical standard tariffs to the cheapest deals on the market. It only takes a few minutes, so we’d urge you to take the time now to make sure you’re on the best possible discount before these price hikes come into effect.”
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 further information please contact:
Maeve McLaughlin, Switcher.ie on 01 517 5922/087 133 2526 or prteam@switcher.ie
Images for use are available on Flickr here.
Notes to editors
[1] Source – Switcher.ie: How does Switcher calculate its savings messages?
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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.
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