Wholesale electricity prices fell by more than 24% last month
While wholesale prices have softened considerably over the past 12 months, retail prices for consumers remain elevated
While wholesale prices have softened considerably over the past 12 months, retail prices for consumers remain elevated
French private equity group Ardian now poised to close deal to buy electricity and gas group that supplies 20% of Irish energy
Despite increase in customers the volume of energy sold falls
Meanwhile, producer prices for food products increased by 3% in the year and 0.1% since October
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Energia saw earnings decline in its customer supply business and gas-fired power plants in north Dublin, but rise slightly in its renewable energy portfolio.
Meanwhile, producer prices for food products increased by 4.1% in the year and 0.3% since September, data from the CSO shows
Irish households are paying about €350 more a year for electricity compared to other EU countries
The best news, analysis and comment from The Irish Times business desk
Power group serves almost 900,000 homes and businesses on the island
The best news, analysis and comment from The Irish Times business desk
Electricity and gas group put on market earlier this year at estimated value of €2.75bn
Company blames increases in network costs, the impact of wholesale energy markets and the higher cost of doing business
Company plans increase on charges imposed on companies by regulator to fund electricity network upgrades and expansion
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