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Bord Gáis says average electricity bill to increase by 34%, gas to go up by 39%

The average residential electricity bill will rise by €48.25 per month* and the average residential gas bill will rise by €43.80 per month*.

LAST UPDATE | 2 Sep 2022

BORD GÁIS ANNOUNCED today that it will increase the prices of its electricity by an average of 34% and gas by 39% from 2 October.

This means that the average residential electricity bill will rise by €48.25 per month* and the average residential gas bill will rise by €43.80 per month*.

The energy company has blamed reduced gas supplies from Russia, military action in Ukraine, and low storage levels driving significant volatility and rises on wholesale markets for the price hike.

In April the average electricity bill with Bord Gáis rose by 27% and the average gas bill went up by 39%.

Bord Gáis has pledged 10% of operating profits to its Energy Support Fund during the energy crisis.

In late July a report from Bord Gáis’s parent company, Centrica, revealed that Bord Gáis’s operating profits for the first half of this year was €38 million, an increase of 74%.

The report noted that 4,000 new customers had signed up in the first half of 2022 but customer complaints had increased slightly.

The company stated that the reason for an increase in operating profits is that a 445MW gas fired power station in Whitegate Co Cork, is now operating normally whereas it was offline for most of 2021.

Managing Director of Bord Gáis Energy, Dave Kirwan, said: 

“There is no precedent for the current energy crisis and consumers and businesses across the globe are grappling with very challenging increases in the cost of living. We deeply regret having to raise our prices but the scale of increases in wholesale energy costs leaves us with no choice.”

“We continue to do everything we can to reduce the impact on our customers and keep our rates as competitive as possible.”

These figures are based on a typical annual consumption of 4,200 kWh for electricity and 11,000 kWh for gas (as defined by the Commission for Regulation of Utilities) and Bord Gáis Energy standard tariffs.

Today’s announcement from Bord Gáis comes after Electric Ireland yesterday announced another price hike, its third increase in five months. 

The provider announced plans to increase residential electricity bills by 26.7% and gas bills by 37.5% with effect from 1 October 2022. 

‘Horrified and outraged’

Labour leader Ivana Bacik today said the government must act urgently to tackle spiralling energy prices by introducing immediate price caps on energy bills, establishing a windfall tax on the excessive profits of energy and gas companies and increasing fuel allowance eligibility limits for people on low to middle incomes. 

“Like everybody else in the country, I am horrified and outraged at yet another massive hike in energy prices. We cannot keep going on like this. It is unsustainable for people, families and small businesses,” Bacik said. 

“The market is clearly out of control so we need a Covid-style emergency response from the government that will keep people warm this winter. Government ministers are on the record as saying that these price hikes are unprecedented – so an unprecedented, urgent and short term response by government is needed. Nothing less is good enough.”

Speaking after Electric Ireland’s announcement yesterday, Taoiseach Micheál Martin said the latest increases reflects the “broader exponential rise in energy prices”.

Martin said that there have been “dramatic, unprecedented increases in pricing” on the energy wholesale market.

Energy ministers from around the European Union are due in Brussels next week for an emergency meeting.

“The President of the Commission [Ursula von der Leyen] has informed me that they would be bringing forward emergency provisions to try to deal with the market right now,” the Taoiseach said.

“That will perhaps be the link between the price of gas and the wider price and the need to do something quickly in respect of that, and then a more structured reform of the market over the next 12 months,” he said.

“From a government perspective, we will use the Budget and also, in tandem with the Budget, the cost of living package to alleviate pressures on households. We also have to look at the impact on businesses in terms of jobs, retention of jobs.

“We will also be launching a demand reduction approach – in other words, energy efficiency all round and all of us will have to see what we can do to reduce our energy consumption, because it is very costly now at an individual level and at a societal level.”

With reporting by Hayley Halpin and Lauren Boland 

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    Mute Martin O Connell
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    Sep 2nd 2022, 1:24 PM

    This needs immediate government action. These companies are out of control.

    1611
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    Mute Thomas O' Donnell
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    Sep 2nd 2022, 4:42 PM

    @Martin O Connell: How are they out of control? Surely it’s the wholesale prices that are out of control?

    54
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    Mute Damien Leen
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    Sep 2nd 2022, 4:52 PM

    @Thomas O’ Donnell: aaaahhhh…the sound of silence

    66
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    Mute Peter McGlynn
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    Sep 2nd 2022, 5:04 PM

    @Thomas O’ Donnell: wholesale prices are not so out of control that they can’t increase their profit. It’s that which the government can control through a windfall tax.

    77
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    Mute JustBEERbarry
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    Sep 2nd 2022, 6:19 PM

    @Thomas O’ Donnell: wholesale prices havent increased

    22
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    Mute a politicians promise is as good as a lie
    Favourite a politicians promise is as good as a lie
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    Sep 2nd 2022, 6:48 PM

    @Martin O Connell: and the silence from SF is deafening…speaks volumes as to what they would do differently if in Government

    34
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    Mute Mickety Dee
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    Sep 2nd 2022, 8:03 PM

    @JustBEERbarry: I’d love to see your source for that. Wholesale prices have gone through the roof

    8
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    Mute Sean Minihane
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    Sep 2nd 2022, 8:09 PM

    @JustBEERbarry: haha. Wholesle gas prices have risen 700%, in the last year.

    7
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    Mute Derek Doogan
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    Sep 2nd 2022, 10:53 PM

    @Thomas O’ Donnell: how much in last year do think it went up ?

    1
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    Mute Alan Ely
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    Sep 3rd 2022, 8:53 AM

    @Martin O Connell: 100% these increases are to make money for share holders nothing else. Electric ireland made close to 750 million profit last year.

    10
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    Mute Gregson from the Block
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    Sep 2nd 2022, 1:23 PM

    Gouge gouge gouge gouge and then gouge a little more

    979
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    Mute Sean Bourke
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    Sep 2nd 2022, 1:24 PM

    We will remember u FF and FG when ye call to our doors in 2 yrs time

    736
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    Mute Jason O Flynn
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    Sep 2nd 2022, 1:37 PM

    @Sean Bourke: will you really….. They collapsed the economy in 2008. Leading to a massive recession. And what did we do. Voted them back in.

    771
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    Mute Peter McGlynn
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    Sep 2nd 2022, 1:59 PM

    @Jason O Flynn: gone from 80% support to 45% approx so they are in free fall. And more and more will remember next time.

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    Mute aaron
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    Sep 2nd 2022, 2:11 PM

    @Sean Bourke: Sums up Irish activism to a tee, just wait around for election time and in the meantime just accept it rather than look to what other countries do for some inspiration. This is not a dig at you by the way, society as a whole me included.

    142
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    Mute aaron
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    Sep 2nd 2022, 2:11 PM

    @Peter McGlynn: They will get fairly hammered next election but in 2 more cycles they will likely lead the country again

    64
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    Mute Linda Hegarty
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    Sep 2nd 2022, 2:39 PM

    @Sean Bourke: they won’t have the balls to knock on doors

    71
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    Mute liam
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    Sep 2nd 2022, 3:08 PM

    @Jason O Flynn: We did and keep doing so… to somewhat quote Einstein Voting for the same FFG Hooks over and over again is the definition of insanity

    42
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    Mute aaron
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    Sep 2nd 2022, 3:16 PM

    @liam: Comes down to the individualism in Ireland. People care about their road getting fixed more then they care about a functioning and fair society for all.

    51
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    Mute Big bad bull
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    Sep 2nd 2022, 3:26 PM

    @Sean Bourke: I wouldn’t believe a word from any party at this stage

    37
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    Mute Peter McGlynn
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    Sep 2nd 2022, 5:06 PM

    @aaron: they don’t have control through the church and media anymore. They may bounce back but finally we have a right-left choice in this country.

    10
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    Mute The next small thing
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    Sep 2nd 2022, 5:36 PM

    @Peter McGlynn: not really a proper right/left choice with ffg raising taxes over the last few years (the supposed right wing government) and SF/PBP wanting to reduce taxes (the supposed left wing opposition). Of course in this country we want lower taxes but more public services.

    1
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    Mute Chris Long
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    Sep 2nd 2022, 1:24 PM

    The operating profit of Bord Gáis grew to €39.4 million in the first half of the year, representing a 74 per cent increase from the same period in 2021

    567
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    Mute Ashling Fenton
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    Sep 2nd 2022, 1:27 PM

    @Chris Long: Utilities should be at least partially government controlled. Privatisation made a mess of them.

    446
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    Mute Earth Traveller
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    Sep 2nd 2022, 4:19 PM

    @Ashling Fenton: The energy sector needs a regulator.

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    Mute Thomas O' Donnell
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    Sep 2nd 2022, 4:44 PM

    @Ashling Fenton: I thought the Government couldn’t run anything (according to the comments section anyway)

    9
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    Mute Mark McGrath
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    Sep 2nd 2022, 5:11 PM

    @Thomas O’ Donnell: They can’t and you know that unless you are completely blinkered. However, they are at least accountable somewhat and can be voted out unlike the heads of the toothless quangos that we have like the “regulator”

    24
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    Mute Vincent Hughes
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    Sep 2nd 2022, 5:41 PM

    @Earth Traveller: it has a regulator who does nothing. Welcome to Ireland!! It’s normal.
    In the meantime the government stand by and add vat to your increasing bills.

    26
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    Mute Earth Traveller
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    Sep 2nd 2022, 5:53 PM

    @Vincent Hughes: My bad – I didn’t finish the sentence: ‘The energy sector needs a regulator’ … with balls!

    23
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    Mute Jp Vaughan
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    Sep 2nd 2022, 8:27 PM

    @Earth Traveller: The regulator has been warned numerous times over the last 4 years by companies in the sector that could see a lot of this coming. Has chosen to ignore it and push government polices which brought this upon us.

    7
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    Mute M Bowe
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    Sep 2nd 2022, 1:28 PM

    Ireland currently has two main sources of gas supply – Corrib and imports from the UK via two gas interconnector pipelines. Corrib supplies around 60% of Ireland’s annual demand with 35% imported from the UK and the remaining 5% coming from the Kinsale gas field (due to cease by 2021
    As UK only imports 5% of its gas this is down to profiteering rather than Russian supply.

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    Mute Gavin Conran
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    Sep 2nd 2022, 3:54 PM

    @M Bowe: Pretty sure we import 75% of our gas from the UK, up from 33% in 2017.

    25
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    Mute Shane Carroll
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    Sep 2nd 2022, 3:58 PM

    @M Bowe: you’ve got it back to front. 30% is from Corrib. Kinsale gas field is already gone.

    36
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    Mute SPQH
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    Sep 2nd 2022, 4:48 PM

    @M Bowe: it’s still sold at global rates. Global rates have been effected by the war and other factors. Do the govt own the gas field and have a place to store it all?

    7
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    Mute Daragh Cassidy
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    Sep 2nd 2022, 7:03 PM

    @M Bowe: I don’t think you could have written more factually incorrect info in the one post. So sad almost 400 people have liked this.

    Ireland imports over 70% of its gas from the UK.
    The Kinsale gas field closed a few years.
    The UK in turn imports around 50% of its gas from Norway and through LNG imports.

    BGE will make a profit of around €80-85 million this year. It has 650,000 customers. So that’s a staggering profit of €125 a year per customer.

    All the big money is being made by Shell, BP and Gazprom. They’re not Irish companies.

    19
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    Mute Declan Edward
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    Sep 2nd 2022, 7:04 PM

    @Gavin Conran: and the UK may shut off the pipes in their own ‘national emergency ‘

    7
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    Mute Sue O'Neill
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    Sep 2nd 2022, 1:25 PM

    Why are we letting this happen, when are we taking to the streets….

    434
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    Mute Terry McClatchey
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    Sep 2nd 2022, 1:31 PM

    @Sue O’Neill: The streets you need to be taking to are in Moscow and Saudi Arabia. Let us know how you get on.

    142
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    Mute Luke Ronan
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    Sep 2nd 2022, 1:46 PM

    @Sue O’Neill: exactly. Just wait till the bills start coming through the letter boxes in November- December. We need to take action now

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    Mute Peter McGlynn
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    Sep 2nd 2022, 2:00 PM

    @Terry McClatchey: the prices are not going up that much – this is price gouging when these resellers are making huge profits.

    111
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    Mute Elaine Malone
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    Sep 2nd 2022, 2:13 PM

    @Sue O’Neill: why don’t we all just not pay!

    61
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    Mute M Bowe
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    Sep 2nd 2022, 2:20 PM

    @Terry McClatchey: bird gas office is not based in either of those cities so why there????

    25
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    Mute Mark Penny
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    Sep 2nd 2022, 2:33 PM

    @Sue O’Neill: Sept 24th at 2.30pm, Parnell Square. The Cost of Living Coalition

    54
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    Mute Terry McClatchey
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    Sep 2nd 2022, 3:12 PM

    @M Bowe: Ireland is not self-sufficient in hydrocarbons. It does not yet have enough renewable alternatives to replace oil and gas bought on world markets. It is the producers/extractors of oil and gas (not retailers or western governments) who have most influence on wholesale prices.

    12
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    Mute Michael Dowling
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    Sep 2nd 2022, 3:16 PM

    @Terry McClatchey: all our gas comes from UK or corrib. Nothing to do with Russia or Saudi Arabia. It’s simple we raise the rates cos we can. Greed is the word.

    44
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    Mute SPQH
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    Sep 2nd 2022, 4:39 PM

    @Peter McGlynn: not saying there isn’t gouging going on and I’ll be on the hook for the price rise just like the rest of us but to say they haven’t gone up that much? How much? Gas prices are 3 times the long term average! If you don’t believe me it’s a very easy search on the Internet, it trades 24hr/day go have a look and have a look at the price 2yrs, 5yrs and 10yrs ago. They’re going up.

    6
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    Mute Thomas O' Donnell
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    Sep 2nd 2022, 4:47 PM

    @Peter McGlynn: Gas futures up to €321 from €27 a year ago. So you’re right, they haven’t gone up that much – they’ve gone up a lot more. https://www.euronews.com/my-europe/2022/08/25/europes-gas-prices-have-broken-a-new-record-how-high-can-they-go

    16
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    Mute Thomas O' Donnell
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    Sep 2nd 2022, 4:49 PM

    @Michael Dowling: UK gas prices have gone up because of the shortage of supply from Russia

    3
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    Mute Terry McClatchey
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    Sep 2nd 2022, 4:53 PM

    @Michael Dowling: UK is not energy self-sufficient (most days of the year). Its gas comes through interconnectors from Norway/France or is fed by LNG shipped into Milford Haven. Prices in France and Norway are affected by those in Germany that is reliant on Russian gas through the Nordsteam line. If you don’t fancy protesting in Moscow or the middle East, perhaps you could try Oslo as they are almost self-sufficient in renewables (hydro/wind) but choose to sell on their excess hydrocarbons to the UK and elsewhere at world wholesale prices.

    10
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    Mute Thomas Armstrong
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    Sep 2nd 2022, 1:30 PM

    Where’s “Our Government” still on vacation. A joke they are. Giving themselves another pay increase and while on this vacation receiving €5,000 per week for expensives this is the “Greatest Gouging” going

    346
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    Mute Earth Traveller
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    Sep 2nd 2022, 2:20 PM

    @Thomas Armstrong: Two weeks ago, I call a well-known national politician who lives near me. His voice mail said he is away until 19 September.

    110
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    Mute Now or Never
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    Sep 2nd 2022, 1:25 PM

    Being rode left right and centre!

    272
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    Mute Kp Gumbo
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    Sep 2nd 2022, 1:24 PM

    Record profits

    194
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    Mute siobhan m
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    Sep 2nd 2022, 1:31 PM

    Do these suppliers not recognise the difference between making ‘a profit ‘ and ‘profiteering’. Just in case they don’t her it is…. profiting is the making of a profit while profiteering is the act of making an unreasonable profit not justified by the corresponding assumption of risk, or by doing so unethically. None of these supplier’s are at risk of not making a profit but this is beyond any reasonable expectation of people’s ability to keep up.

    197
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    Mute aaron
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    Sep 2nd 2022, 3:11 PM

    @siobhan m: Profiteering is the very point of capitalism, it doesn’t care about ethics and never will. It’s profit at all costs, evident by the fact the system needs a profit motive to actually provide the basic requirements to live

    34
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    Mute Alan McNamara
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    Sep 2nd 2022, 1:24 PM

    FFS it’s just one after the other.
    Back to using the auld fire I think this winter.

    196
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    Mute Ashling Fenton
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    Sep 2nd 2022, 1:26 PM

    @Alan McNamara: I’ve bought plenty of jumpers in preparation.

    60
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    Mute Alan McNamara
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    Sep 2nd 2022, 1:48 PM

    @Ashling Fenton: don’t forget the candles too

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    Mute Elaine Malone
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    Sep 2nd 2022, 2:13 PM

    @Alan McNamara: briquettes €10 local Gala!!

    8
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    Mute Earth Traveller
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    Sep 2nd 2022, 2:24 PM

    @Alan McNamara: briquettes and real coal will do the job – none of that smokeless nonsense.

    31
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    Mute Ave Maria Tubridy
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    Sep 2nd 2022, 1:23 PM

    Jumping on the bandwagon also!

    167
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    Mute l
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    Sep 2nd 2022, 1:29 PM

    I literally signed up yesterday. How can they charge you a breaking contract fee when they’ve put the price up the day after agreeing a price. (despite it being a base rate, another scam)

    150
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    Mute Kevin Collins
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    Sep 2nd 2022, 1:35 PM

    @l: the price is variable unfortunately. No providers offer fixed rate pricing.

    However, you can avail of the 14 day cooling off period to cancel your signup (not that any of the others will be much better).

    107
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    Mute siobhan m
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    Sep 2nd 2022, 1:35 PM

    @l: Consider using the standard 14 day cooling off period. They knew this was coming and failed to let you know the pricing you agreed was outdated. Not that any other supplier is any better. But I’ll be having a nice chat with them later.

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    Mute Michael Dowd
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    Sep 2nd 2022, 1:37 PM

    @l: you should have a 14 day cooling off period but doesn’t really matter who you are with at this stage coz they are all out shafting every1

    40
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    Mute l
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    Sep 2nd 2022, 1:39 PM

    @siobhan m: yep, suppose, let the dust settle once all have raised, then pick the least painful option.

    15
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    Mute Earth Traveller
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    Sep 2nd 2022, 2:25 PM

    @l: Had a lad in a Bord Gas car around our road two and a half weeks ago – sure sign a price rise was coming.

    13
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    Mute David Ha
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    Sep 2nd 2022, 3:12 PM

    @Earth Traveller: Not really seen as those fieldsales guys work 5 days a week all around the country.

    6
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    Mute Declan Doyle
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    Sep 2nd 2022, 1:24 PM

    Step forward government….
    Si lly season and recession incoming

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    Mute potnoodle
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    Sep 2nd 2022, 1:41 PM

    @Declan Doyle: we have clowns not ministers

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    Mute J Flood
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    Sep 2nd 2022, 1:24 PM

    Life on a fixed income blows!

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    Mute Aisling Bruen
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    Sep 2nd 2022, 2:22 PM

    Went into contract with Bord Gas at the start of the year because they gave a discount of 30% – a month later they announced price hikes of exactly the discount they offered, meaning they were actively pursuing people to sign into contract with them in advance of hikes which cancelled out the discount – in terms of any sort of consumer watchdog, this shouldn’t be allowed; setting up contracts on completely misleading terms. And now another increase a mere few months later. It’s totally unsustainable.

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    Mute John Mahon
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    Sep 2nd 2022, 1:49 PM

    Didn’t I read that Germany has over stock piled gas for winter and is dropping the price by 21%? Where are we getting our gas from, Monaco??

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    Mute SPQH
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    Sep 2nd 2022, 4:45 PM

    @John Mahon: I don’t think they’ve stock piled it for the entire continent. We had a storage facility and got rid of it, so we are probably paying full market price for it. Not sure how much this increase is justified, would like to see some breakdown of the figures. I think there should be a quick audit of the figures to see how justified it actually is. There should be some sort of sign off required from govt, backed with data (made public if possible) to raise prices so high so quick.

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    Mute JustBEERbarry
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    Sep 2nd 2022, 1:26 PM

    Do not pay, do not comply with this nonsense. If you do you only encourage it. Contact your local TD and TELL them to sort it out

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    Mute Eamonn Tierney
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    Sep 2nd 2022, 1:39 PM

    All price rises announced Before the winter with little reaction. There Must be measures put in place in the Budget to protect our most Vulnerable

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    Mute Emer Daly
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    Sep 2nd 2022, 1:40 PM

    What the #### is going on this has to stop.

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    Mute JustBEERbarry
    Favourite JustBEERbarry
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    Sep 2nd 2022, 1:25 PM

    No, sorry should be everyone’s reply. Wholesale prices have not increased. Get to f@ @k.

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    Mute Gavin Conran
    Favourite Gavin Conran
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    Sep 2nd 2022, 4:06 PM

    @JustBEERbarry: Wholesale currently down 21% thanks to Europe’s stockpile efforts being ahead of schedule. Unsure how that translates to an increase for us.

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    Mute JustBEERbarry
    Favourite JustBEERbarry
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    Sep 2nd 2022, 6:17 PM

    @Gavin Conran: exactly, how do we know that and not our government? Answer is they absolutely do know but they don’t care.

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    Mute Liam Clyne
    Favourite Liam Clyne
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    Sep 2nd 2022, 1:24 PM

    Had 3 cups of tea today and it cost me €1.87 from 00,00 this morning ..

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    Mute Gavin Conran
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    Sep 2nd 2022, 4:09 PM

    @Liam Clyne: Look at you and your fancy tea and your fancy smart meter

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    Mute Cat Reid
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    Sep 2nd 2022, 2:16 PM

    People just won’t be able to pay.

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    Mute Noel Donohue
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    Sep 2nd 2022, 2:02 PM

    It’s time for the feet to hit the streets

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    Mute Emer Daly
    Favourite Emer Daly
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    Sep 2nd 2022, 1:48 PM

    Government needs to step in and help the people they have to it’s the only option. If they don’t. This won’t bode well

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    Mute Genera L Consensus
    Favourite Genera L Consensus
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    Sep 2nd 2022, 3:20 PM

    I must ask my boss for a 34% raise on wages

    44
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    Mute Michael Hannon
    Favourite Michael Hannon
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    Sep 2nd 2022, 1:23 PM

    More Bulls#*t!

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    Mute Mark Penny
    Favourite Mark Penny
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    Sep 2nd 2022, 2:34 PM

    All out. Sept 24th at 2.30pm, Parnell Square. The Cost of Living Coalition

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    Mute Peter McGlynn
    Favourite Peter McGlynn
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    Sep 2nd 2022, 2:01 PM

    Switcher.ie not much use when you switch those you switched to up the prices.

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    Mute Alan Duffy
    Favourite Alan Duffy
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    Sep 2nd 2022, 2:13 PM

    Do energy companies not have a Regulation 14 or similar to telecoms companies where you can opt out of a contract if the price has increased??
    Or is the energy regulator asleep at the wheel???

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    Mute Earth Traveller
    Favourite Earth Traveller
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    Sep 2nd 2022, 2:28 PM

    @Alan Duffy: What? Are you saying there’s a regulator?

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    Mute Pol Mlp
    Favourite Pol Mlp
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    Sep 2nd 2022, 1:24 PM

    Anyone want to come to North sentinel Island with me??

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    Mute
    Favourite
    Report
    Sep 2nd 2022, 2:00 PM

    This is not,nor ever was, sustainable. Ireland needs to invest on an emergency basis in self suffiency i.e.pv on every roof, turbines in every river, wave generators all along our enormous coast and wind generators where ever any wind blows etc.etc. What are we waiting for?

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    Mute Dave Walsh
    Favourite Dave Walsh
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    Sep 2nd 2022, 2:20 PM

    Looking at that list, a magic money wand.

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    Mute Alan Kenny
    Favourite Alan Kenny
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    Sep 2nd 2022, 3:11 PM

    @Dave Walsh: Managed to Harry Potter 40 billion for Covid response

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    Mute Mark McGrath
    Favourite Mark McGrath
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    Sep 2nd 2022, 5:21 PM

    @Dave Walsh: All of those things listed wouldn’t be installed and provide free energy. Users would pay for it but we would have control over the pricing.
    We could have borrowed money at almost zero interest for years and implemented even some of those suggestions and the capital would be on the way to being paid back by now.
    No need whatsoever for a magical money wand, only forward thinking from Government.

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    Mute James Reardon
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    Sep 2nd 2022, 2:47 PM

    Gov should step in and impose a 60% windfall tax on all profits for energy companies if profits are up X%. So it’ll be a case of “we’ll tax you to high heaven if ye keep gouging or keep making a reasonable profit while providing affordable energy to customers”.

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    Mute Aisling Bruen
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    Sep 2nd 2022, 3:11 PM

    @James Reardon: yes but recouping that money isn’t as straight forward given that the resources are coming from abroad and companies themselves are predominantly based outside of Ireland. Companies may simply chose not to pay, going after them could result in a big legal conundrum and end up more of a headache / waste of resources than anything. Any sort of windfall tax will need a whole-of-EU approach.

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    Mute James Reardon
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    Sep 2nd 2022, 4:58 PM

    @Aisling Bruen: shouldn’t have to need EU approval seeing as USC was brought in overnight and our VRT rate is extortionate compared to Europe rates.

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    Mute Ian E. Moon
    Favourite Ian E. Moon
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    Sep 2nd 2022, 1:27 PM

    Did you know that the world is still using Russian gas and oil, but they have to pay more because they are buying of Communist China at 5 times the price, than what China payed the Russians.

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    Mute Ní neart go cur le chéile.
    Favourite Ní neart go cur le chéile.
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    Sep 2nd 2022, 4:34 PM

    @Ian E. Moon: actually China bought from US then sell to EU, because the prices of the market. https://www.bloomberg.com/news/articles/2022-03-15/china-sells-some-spare-u-s-gas-to-europe-for-a-hefty-profit by the way, in china, there is no prices hike for electric and gas and other public infrastructures, such as public transportation … still remains as 20 years ago, the gov won’t allowed it.

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    Mute Frank Emerson
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    Sep 2nd 2022, 3:40 PM

    Profits up 74%. And they put up prices over 30% ? They are taking the proverbial. I blame the government, who themselves, are getting yet another pay rise.

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    Mute Joseph Blocks
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    Sep 2nd 2022, 3:28 PM

    Bord Gais should cap their profits for the coming year and any excess should be returned to their customers in the form of a refund proportional to their bills for the intervening year. I don’t mind them covering the cost of the fuel to run the power plants, but soaring profits while their customers are driven into poverty is absolutely despicable.

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    Mute Ní neart go cur le chéile.
    Favourite Ní neart go cur le chéile.
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    Sep 2nd 2022, 2:57 PM

    Electric and gas are essential for every family, it can’t be privatized! Private only cares about its shareholders and profit, not the people, at least should be run like public transports.

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    Mute Ger Byrne
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    Sep 2nd 2022, 1:59 PM

    I will stay with them because what point in switching the rest are either same or more so fuel bins groceries tv and wi fi have all brought in a lot extra it’s becoming impossible

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    Mute Max Power
    Favourite Max Power
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    Sep 2nd 2022, 1:46 PM

    Ahh the prices will tumble back down twice as quick when the war comes to an end… they probably drop back to 2015 prices.

    I think I’ll be eating a lot of salad’s this winter and I must get used to this Ice Coffee drink and start making it at home …. The kettle will be going into the junk cupboard !

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    Mute Alan Byrne
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    Sep 2nd 2022, 1:59 PM

    @Max Power: A shot of Kahlua and/or Baileys can elevate Iced Coffee to a whole new level.

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    Mute John B
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    Sep 2nd 2022, 2:36 PM

    So that must surely mean a similar increase in fat cats bonuses as well then?

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    Mute barry moore
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    Sep 2nd 2022, 4:36 PM

    Exchequer figures make interesting reading. Vat intake up 26% up to end of August. No wonder why the government won’t touch the energy companies. Its win win and hammer the customers

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    Mute Mark McGrath
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    Sep 2nd 2022, 5:26 PM

    @barry moore: Building the war chest for a give away budget in the next couple of years or maybe even this year as they may not last too much longer.

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    Mute Pata
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    Sep 2nd 2022, 3:17 PM

    The 2 out 3 reasons for hike are BASELESS !!!!!

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    Mute Rocket queen
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    Sep 2nd 2022, 4:37 PM

    If things continue like this, Sinn Fein will win the next election by an absolute majority.

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    Mute Richard Starling
    Favourite Richard Starling
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    Sep 2nd 2022, 2:58 PM

    Ye gods, how much more will these companies keep raping people before this useless shower of a government puts a stop to them? Hundreds of millions of PROFITS and they still shove up charges.

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    Mute Andrew Thompson
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    Sep 2nd 2022, 1:29 PM

    Ah shtap

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    Mute Stuart Birney
    Favourite Stuart Birney
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    Sep 2nd 2022, 1:33 PM

    What the actual f%€k!?

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    Mute Jason O Flynn
    Favourite Jason O Flynn
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    Sep 2nd 2022, 1:50 PM

    That’s gas.!

    16
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    Mute Nollaig Kelly
    Favourite Nollaig Kelly
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    Sep 2nd 2022, 3:31 PM

    When all this is over, will the prices come back down as quickly as they are going up

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    Mute David Corrigan
    Favourite David Corrigan
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    Sep 2nd 2022, 4:24 PM

    @Nollaig Kelly: The prices will not drop again. This is the new price level for energy.

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    Mute Seamus Moran
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    Sep 2nd 2022, 6:15 PM

    They are just picking numbers out of the sky now, same old Irish problem, Government asleep, no Regulation, where’s the Regulator? Shameful.

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    Mute M
    Favourite M
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    Sep 2nd 2022, 2:39 PM

    Don’t they have very same issues in Northern Ireland where SF are in power and would be in power here as that what voting FF/FG out of government will mean ie voting the opposition in but the critics of FFG never like to comment too much on SF in power because they know things won’t change.

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    Mute Andy mc Laughlin
    Favourite Andy mc Laughlin
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    Sep 2nd 2022, 3:24 PM

    @M: on what basis can you say with complete certainty that a new party in power with policy changes won’t change things for the better? At the minute the amount of money wasted in this country by policies not fit for purpose is incredible. Some of these policies are like this through bad governance or to suit the agenda of the cohort supporting these incompetent government’s. Sure the next government will have the same pot of cash to play with but it is how this pot is spent which will make the difference, and with the right initiative’s this pot can grow beyond the pockets of the golden circle for the greater good of the country as a whole.

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    Mute Dave B
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    Sep 2nd 2022, 5:48 PM

    I love how the media let me know this is happening. I still haven’t heard from BG a about this! Probably busy rolling in their profits

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    Mute Angela Godfrey Maher
    Favourite Angela Godfrey Maher
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    Sep 2nd 2022, 5:54 PM

    I bought a moomoo fleeced last year as did my daughter and I can tell you they’are the best thing we bought ewe. Our heating system was broken and as well as candles andi our Thick fleeces we were warmer than if the heating was on. .just saying that if you can buy those moomoo flereces do I cant afford heating bills but I am set up for cold weather .❤❤

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    Mute Christina Colling
    Favourite Christina Colling
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    Sep 2nd 2022, 6:38 PM

    Ppl are struggling as it is. How are companies allowed get away with increases to everything that is a necessity. It’s getting ridiculous

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    Mute James Johnson
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    Sep 2nd 2022, 5:23 PM

    Just leave the oven open and heat ur house.. this Government are useless. The French took over the companies and nationalised them. All over profits and bonuses paid.

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    Mute SilentFugitive
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    Sep 2nd 2022, 4:22 PM

    The strategists at BG are not the brightest bunch, announcing this a day after EI. They should have held out 21 days. Allow for a week say to absorb in new customers switching from EI in light of their announcement yesterday, then +14 days to let the cooling off expire, that is when they should have announced. Amateurs.

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    Mute Andrew Lavelle
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    Sep 2nd 2022, 7:32 PM

    How are these companies allowed to raise their prices whenever suits, especially when so many people have to sign contracts with them. I know these possible changes are in the contract but there has to be something done where companies have to commit to the price you sign up to.

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    Mute Stephen Dunne
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    Sep 2nd 2022, 3:55 PM

    Why!?

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    Mute
    Favourite
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    Sep 2nd 2022, 7:36 PM

    I’ve just been play a nice game of ping pong all day with PrepayPower and Electric Ireland we are currently with PrepayPower as the previous tenants had it installed so I rang Electric Ireland to switch Electric Ireland offered €150 welcome credit PrepayPower rang after that to ask why we were switching was it just about the credit so they matched the €150 he put me through to Electric Ireland cancellations the woman there offered me another €100 now €250 then I rang PrepayPower to let them know and they matched that to €250 with them too and it turns out the unit rate with PPP is cheaper than EL come the increases so we’re staying with PPP.

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    Mute Conrad Stapletwin
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    Sep 2nd 2022, 3:27 PM
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    Mute Pat Man
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    Sep 2nd 2022, 5:42 PM

    They are gas

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    Mute Ryan
    Favourite Ryan
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    Sep 2nd 2022, 9:10 PM

    So i guess we will have to give them a call

    https://www.bordgaisenergy.ie/home/help/i-am-having-difficulty-in-paying-my-bill-what-should-i-do

    Sorry but i can only pay what i pay now cannot afford the 34% and 39% increases… If that is not possible we can move to another company… Thank you

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    Mute tony murphy
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    Sep 2nd 2022, 8:51 PM

    Can the energy regulator not just say “sorry you are allowed to increase the price of utility… Gas or electricity reason companies making too much profits”? ?

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    Mute Don
    Favourite Don
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    Sep 2nd 2022, 11:24 PM

    The government has been astonishingly inactive on energy price rises. Maybe they are in collusion with other governments across the world that energy price rises are a covid tax to recoup the costs of the pandemic. Maybe they probably hoped the public would just take this on the chin. But I think this particular round of increases is one step too far.

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    Mute Verners Tess
    Favourite Verners Tess
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    Sep 2nd 2022, 8:22 PM

    Governments and corporations conspiring to take more of ours for them.
    We are being had. Wake the fu£k up!!!!!!!!!!!!!!!

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    Mute Liam Mc Meel
    Favourite Liam Mc Meel
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    Sep 2nd 2022, 4:52 PM

    Not too bad i suppose

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    Mute Richard Starling
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    Sep 3rd 2022, 6:05 PM

    And they go on and on with the “government” doing NOTHING. Heard a roumer (no confirmation) that these gougers are going to throw in another increase in November. Bet they don’t decrease when costs drop.

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    Mute Ronan C Gantly
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    Sep 3rd 2022, 9:35 AM

    They don’t even say why !! The gas in corrib is not affected by Russia in any way. Rip off Ireland.

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    Mute Noel J. Barry
    Favourite Noel J. Barry
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    Sep 3rd 2022, 3:38 AM

    74% profit first 6 month.

    They split that and increased prices by another 37%.

    Add the vat on and its not far off a 50%
    increase
    This is third price increase in 5 months

    If this continues then I would consider Ireland a new Russia in the energy world

    Unfortunately we have a different take on oligarchs,Eamonn Ryan would save us all a few

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    Mute Noel J. Barry
    Favourite Noel J. Barry
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    Sep 3rd 2022, 3:38 AM

    74% profit first 6 month.

    They split that and increased prices by another 37%.

    Add the vat on and its not far off a 50%
    increase
    This is third price increase in 5 months

    If this continues then I would consider Ireland a new Russia in the energy world

    Unfortunately we have a different take on oligarchs,Eamonn Ryan would save us all a few

    1
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    Mute Noel J. Barry
    Favourite Noel J. Barry
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    Sep 3rd 2022, 3:38 AM

    74% profit first 6 month.

    They split that and increased prices by another 37%.

    Add the vat on and its not far off a 50%
    increase
    This is third price increase in 5 months

    If this continues then I would consider Ireland a new Russia in the energy world

    Unfortunately we have a different take on oligarchs,Eamonn Ryan would save us all a few

    1
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