Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Ian Murphy via Creative Commons

Energy regulator backs 22 per cent gas price rise

Bord Gáis had proposed a 28 per cent rise due to the increase in wholesale gas prices this year.

THE COMMISSION FOR Energy Regulation (CER) has proposed that Bord Gáis impose a 22 per cent price increase.

The price hike will be 6 per cent lower than the increase suggested by Bord Gáis itself, which said that a 39 per cent increase in wholesale gas prices this year meant it would have to raise prices by around 28 per cent, the Irish Times reports.

The company must seek approval for any price increase it wishes to apply as it has an 80 per cent share of the residential market, RTÉ reports.

The regulator will now monitor wholesale gas prices and conduct public consultation before making a final decision in August.

CER expressed regret at having to recommend an increase in gas prices, but said that this was “unavoidable” considering the current market conditions, reports the Irish Independent.

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
18 Comments
    Install the app to use these features.
    Mute Bert Carolan
    Favourite Bert Carolan
    Report
    Nov 28th 2022, 11:51 PM

    Airbnb are a different company since COVID.
    If you post a negative review about your host, Airbnb will contact you and threaten to inform your host in advance that you are writing a negative review, thus giving your host the opportunity to write a negative review about you. You will then be asked to change your review.
    Similarly if a host writes a negative review of a client, Airbnb will contact them and demand the host change the review. They will threaten to drop the hosts superhost status etc.
    Basically there are no negative stories on Airbnb. A race to the bottom.

    121
    Install the app to use these features.
    Mute Sequoia
    Favourite Sequoia
    Report
    Nov 29th 2022, 12:14 AM

    @Bert Carolan: you can’t write a review before a stay

    25
    Install the app to use these features.
    Mute Gavin Lynam
    Favourite Gavin Lynam
    Report
    Nov 29th 2022, 12:32 AM

    @Bert Carolan: Well this is just not true..

    28
    See 3 more replies ▾
    Install the app to use these features.
    Mute OConnelj
    Favourite OConnelj
    Report
    Nov 29th 2022, 12:52 AM

    @Sequoia: he never said that you could.

    32
    Install the app to use these features.
    Mute Dawn Harvey
    Favourite Dawn Harvey
    Report
    Nov 29th 2022, 5:36 AM

    @Bert Carolan: why would you post a negative review BEFORE your stay?

    12
    Install the app to use these features.
    Mute Joanne McBride
    Favourite Joanne McBride
    Report
    Nov 29th 2022, 10:50 AM

    @Dawn Harvey: he didn’t say before the stay, he said the hosts are alerted after the stay but in advance of the review being posted
    review

    9
    Install the app to use these features.
    Mute Paul Gorry
    Favourite Paul Gorry
    Report
    Nov 28th 2022, 11:25 PM

    We need this more than ever at the moment because all the hotels are full. Always good to have an alternative.

    41
    Install the app to use these features.
    Mute Cat K.
    Favourite Cat K.
    Report
    Nov 28th 2022, 11:52 PM

    @Paul Gorry: you look great from the back.

    14
    Install the app to use these features.
    Mute Paul Gorry
    Favourite Paul Gorry
    Report
    Nov 29th 2022, 12:13 AM

    @Cat K.: won’t even get started how ye look from the front:)

    16
    See 1 more reply ▾
    Install the app to use these features.
    Mute Alan Kenny
    Favourite Alan Kenny
    Report
    Nov 29th 2022, 8:14 AM

    @Paul Gorry: But government legislation coming soon will remove thousands of short term let’s from the market so Tourism sector will be wrecked next year. Already record low number of people planning to visit Ireland.

    10
    Install the app to use these features.
    Mute An tOll. Evan Ó Catháin
    Favourite An tOll. Evan Ó Catháin
    Report
    Nov 29th 2022, 6:00 AM

    Taxing myself here as to why this might be the case but the answer is evading me.

    23
    Install the app to use these features.
    Mute longhandle
    Favourite longhandle
    Report
    Nov 29th 2022, 10:39 AM

    Strange….funnel your money thru a tax haven. Who’d a thunk it.

    12
    Install the app to use these features.
    Mute Soeren Kuehling
    Favourite Soeren Kuehling
    Report
    Nov 29th 2022, 1:06 PM

    @longhandle: what’s bad about it? profits taxed 8n Ireland part-fund out social system. how can anyone be mad about it baffles me. the more companies pay taxes 8n ireland the better for all

    2
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds