Why are Irish energy prices so high?
Irish households are paying about €350 more a year for electricity compared to other EU countries
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
Impact of Ireland’s inability to deal with large infrastructure projects now being laid bare
Host of firms said to be circling utility business
I Squared Capital attempting to sell business for the third time since acquisition in 2016
New York-based I Squared Capital bought group in 2016
Project is in line with Government’s Climate Action Plan, An Bord Pleanála rules after objections from An Taisce and environmentalists
Earnings before tax fell to €238m in nine months to end of December from €247m
Irish electricity prices are the highest in the EU but there are steps you can take to pay as little as possible
Connective Energy Holdings Ltd brought Commercial Court proceedings against Energia Group ROI Holdings DAC
Group said the swing back to profit reflected the ‘normalisation of commodity and wholesale prices’
Energia Renewables boss warns of five-year delay in building Tonn Nua development off Waterford coast
Cases were brought by Energia Group Holdings and a number of its subsidiaries, along with GR Wind Farms and its subsidiaries, against the Commission for Regulation of Utilities
Ebitda declined 6.3% to €79.5m in three months to end of September, following increases
Green investment also promises lower energy bills and the chance to sell any surplus power back to the grid
US investment firm I Squared Capital hired investment bankers to prepare the company for sale
Energy transition `represents a huge opportunity for us’, claims Energia boss
Earnings rose to €375m for the financial year to the end of March from €267m for the previous 12 months
I Squared Capital seeking to offload Irish utility eight years after purchase
Group could fetch as much as €2.75bn if possible sale takes place
Second cut in six months follows period of sustained increases and reflect significant fall in the price of energy on wholesale markets
Contract to build temporary generator boosts Energia subsidiary profits
Electric Ireland has made a further price cut, with other providers expected to follow suit. But the market is volatile and prices are still high compared to 2021
Almost all households will see cuts of between 10 and 30 per cent over coming days as suppliers start competing for business
Risk of amber warnings ‘most likely during the coming winter peak hours and at times of low wind and low interconnector imports’, says EirGrid
Move will save dual fuel customers an average of €435 annually, according to company
Price decreases of between 10 and 20% announced this month not enough, Varadkar says
Move will save domestic duel fuel customers in excess of €400 over 12 months
Company says it plans to reduce home energy prices from October in move that could see households save hundreds of euro
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