Bord Gáis Energy to increase gas and electricity prices from 10 March 2019
Changes driven by increases in wholesale energy costs.
Due to increases in wholesale energy costs, Bord Gáis Energy has today announced a price increase for residential gas and electricity customers which will take effect from 10 March 2019.
The price changes will increase a typical gas bill by €1.56 per month and a typical electricity bill by €3.70 per month. In percentage terms, this represents an increase of 2.3% on an average gas bill and an increase of 4.3% on an average electricity bill.
Catherine O'Kelly, Managing Director, Bord Gáis Energy said; "We have been working hard to hold off raising prices for as long as possible, particularly over the difficult winter months. However, increases in wholesale energy costs have forced us to raise our prices from 10 March 2019. We remain committed to doing all we can to ensure that our customers are receiving the best possible prices for their energy, and we will continue to monitor costs closely."
Bord Gáis Energy offers customers savings on their household bills through its Rewards Club and to date Rewards Club members have saved over €11 million. Existing customers can take advantage of an ongoing discount of 7% for dual fuel when they pay by 'Level Pay' and receive bills electronically. In addition, with our boiler services and gas bundle, existing customers can get 14% discount off their gas price when signing up to our 365 Homecare boiler service.
Bord Gáis Energy also offers the Hive range of smart energy management products which allow householders to manage their own energy consumption more effectively. Hive Active Heating empowers customers to control their heating and hot water from their phone or tablet, helping them to manage their home energy consumption more efficiently and reduce their bills.
- Today's announcement includes a 2.5% increase in gas unit rate and standing charge and a 4.5% increase in electricity unit rate and standing charge, which equates to 2.3% and 4.3% on the bill.
- These figures are based on electricity usage of 4,200 kWh per annum and is based on the typical residential gas customer with a gas usage of 11,000 kWh per annum. Typical usage is as defined by the Commission for Regulation of Utilities (CRU).
- You must continue to pay by Level Pay Direct Debit and receive Paperless bills to continue to receive discounts.
- Prices may vary during your contract.