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2 clusters · 3 sources · 18 days · First seen · Last updated

Pinergy electricity price increases in Ireland

Overview

Electricity supplier Pinergy announced a price increase for approximately 28,000 Irish residential households, effective September 14. The company stated that the unit rate for electricity will increase by just under 10%, which is expected to raise the typical annual bill by about €169.

CEO Enda Gunnell attributed the decision to “prolonged volatility and elevated pricing in wholesale energy markets,” noting that the company can no longer absorb the scale and duration of these fluctuations. Analysts have linked the price hike to renewed conflict in the Middle East driving up wholesale costs. This follows a previous unit rate increase implemented in October 2025.

Entities

Milwaukee · Enda Gunnell · Pinergy · Walnut Way Conservation Corp · We Energies

Timeline

  1. 11 days ago

    [BUSINESS] 3 sources
    We Energies faces opposition to proposed 14% rate hike

    We Energies faces significant public opposition to a proposed electricity rate hike that could increase residential bills by 14% by 2028 to fund grid reliability and clean energy projects.

  2. 29 days ago

    [BUSINESS] 2 sources
    Pinergy to increase electricity prices for 28,000 households

    Pinergy will increase residential electricity prices by nearly 10% starting September 14, raising typical household costs by 7.6% due to wholesale market volatility.

Sources

cbs58.com · fox6now.com · townhall.com