Energy Costs

Government could come up with a more sensible and environmentally sound policy

Customers face increase of around 10% in household energy bills within days on Budget 2027

Price increases in gas and electricity supplies that will kick in on October 9th set to impact 300,000 households

Policy has effectively been dictated by small group of protesters with little concern for wider impacts on society

Increase will add €172 to typical electricity bill per year, €139 to gas bill

Party gathers for first of autumn think-ins

Cost pressures intensify but remain below earlier peak, says AIB

Separately, a Flogas loyalty rep gets the hump when a customer tries to record his sales pitch

Reduction of 30c per litre for diesel and 25c for petrol to remain in place until October 31st

Forum to bring regulators and the businesses they regulate together ‘should meet quarterly to discuss cost of business’, report recommends

Now-delayed restoration of excise would have added 10 cent to litre of diesel and 9 cent to petrol from Monday

The CSO said electricity prices were up by 56.2% over the 12 months to July but still shy of 2022 peak

Restoration of cuts to be kept under review while geopolitical situation remains uncertain, Minister says

Consumers prioritising lower bills over environmental reasoning by a factor of 10 to one

Companies will bid in an auction early next year to supply energy into grid from new power plants

Not only have we saved on heating bills, but we have dramatically reduced our carbon emissions

Absence of any clear path to end of hostilities in Gulf means prices will likely remain elevated

Energy supplier blames volatile markets for 7.6% increase and says it can no longer absorb higher costs

While nudges can be quick, easy and effective, serious policy action usually requires a regulatory or tax alteration

Latest Consumer Price Index indicates inflation rose by 3.4% in July

Washington accuses Tehran of failing to honour agreement to reopen vital Strait of Hormuz shipping route

Plus: 14 young cattle die of dehydration on Tipperary farm

Diesel up 19 cents and petrol up 9 cents from July, AA Ireland says, with further rises expected

Nobody believes these fantasy targets, but as they are still ‘policy’, everyone has to pretend they are relevant

Payments will be taken from bank accounts of direct debit customers starting this week

On The Money: Winter is coming but it doesn’t have to cost the earth

Islamic republic determined to retain a degree of control over the chokepoint

I hope that the €14,000 limit will be raised in the budget

Vital public investment has too often been sacrificed to protect current services and minimise tax bills

Flare-up comes after apparent three-day pause in fighting

Climate Change Advisory Council also warns against further delay of rises in carbon tax

Tax Strategy Group papers show how challenging it is to deliver real gains when inflation eats away at value

Energy price hikes to remain until middle of next year as conflict in Middle East worsens

Former chancellor contradicts new PM’s administration on source of funding for electricity bills VAT cut

The Government must not go back to energy credits for all

US carries out fresh wave of attacks as the number of American casualties rises

Energy charity seeks national policy on using surplus wind energy to power low-income homes

But outlook for Irish economy remains ‘volatile’ amid uncertainty around global energy prices

The best news, analysis and comment from The Irish Times business desk

Switching to electricity to heat and cool our homes and power our industry is the most effective way of cutting emissions