How Much Are Energia Increasing Their Electricity Prices By?
Energia's announced increases are effective from December 9:
| Customer Type | Increase | Weekly Cost | Annual Cost |
|---|---|---|---|
| Electricity | 10.9% | €3.94 | €204.88 |
| Dual Fuel | 6% | €3.92 | €203.84 |
| Smart Meter Electricity | 12.1% | €3.73 | €193.96 |
| Smart Meter Dual Fuel | 6.2% | €3.71 | €192.92 |
Gas customers experience no impact. The clean export guarantee payment decreases from 20c/kWh to 18.5c/kWh for microgeneration customers.
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Why Are Energia Increasing Their Electricity Prices?
Energia states increases are "unavoidable" due to "substantial increases in electricity system operator and network charges," regulated by the Commission for Regulation of Utilities (CRU).
Network charges cover:
- Maintaining and upgrading the electricity grid
- Ensuring security of supply
- Addressing network constraints
- Investing in decarbonisation
Energia reports absorbing cost increases over three years; this reflects the cumulative impact. Other suppliers have announced similar increases.
How Do I Contact Energia Customer Service?
You can contact Energia via 0818 405 405, Monday to Friday, 9am–5pm.
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How Will Energia's Price Increase Affect My Bills?
The typical electricity customer's average annual bill will increase by 10.9%, which works out to an extra €3.94 per week or approximately €205 per year.
Smart Meter Electricity customers face a 12.1% increase, while Dual Fuel customers see a 6% increase (€3.92 weekly).
Changes stem from higher unit rates and standing charges. Actual bills depend on individual consumption. This represents the third supplier raising prices this year.
What Can I Do About Increasing Electricity Prices?
| Strategy | Involves | Benefits |
|---|---|---|
| Switch Suppliers | Compare offers, switch providers if out-of-contract | Significant discounts (often 30% or more) for new customers in their first year |
| Optimize Tariff | Ensure discounted contract; consider time-of-use if smart meter available | Potential savings on night usage and reduced rates |
| Actively Manage Usage | Unplug electronics, use efficient appliances, optimize heating/cooling, use natural light | Reduced consumption leading to lower bills |