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Are you an SSE Airtricity customer? Your bills will be increasing from Saturday

The price hike will add €140 onto dual fuel bills for the average customer

For the past six weeks it feels like all we’ve been hearing about is energy price rises.

The price of wholesale gas and electricity has risen, and with it almost all suppliers in the Irish market have announced that they’ll be raising the prices that their customers pay for gas and electricity, too.

First rises in effect from Saturday

The first of the summer’s price rises comes into effect from Saturday, with SSE Airtricity implementing a 6.4% increase to electricity rates and a 12.3% gas rate hike.

This will see the average customer’s electricity bill rise by €59 per year, while gas bills will be up by €82 annually. Dual fuel customers will face a €140 hike on their yearly bills.

Numbers of customers impacted

According to the latest report from the CRU, as at end-2017 SSE Airtricity had almost 280,000 electricity customers and just over 94,000 gas customers, so these latest hikes will have a huge impact.

In fact, if you’re one of the 86% of electricity customers in this country who hasn’t switched supplier in the past year, you’ll already have been hit with a €46.80 electricity increase from SSE Airtricity, which came into effect last November. This means that if you don’t take any action now, your electricity bills alone will be up €105.80 year-on-year.

What can I do to combat the hikes?

For the past month or so, we’ve all been using less energy, because of the sunny weather and the long evenings.

But before we know it, it’ll be back to school time, which always comes with the added expense of higher energy bills, as we turn the heating back on, and spend more evenings at home with the lights and TV on.

If you want to try and combat the hikes, the best bet is to compare energy suppliers and switch to a deal with a high initial discount.

The vast majority of energy suppliers have now announced price hikes, which will all be in effect from 6 August. However, BEenergy and Just Energy have not yet said they will increase prices.

If you want some peace of mind, you could opt for one of Just Energy’s fixed rate plans. With these plans, the unit rate and standing charge are fixed for 12 months, so you won’t be impacted by any price rises during that time.

Switcher.ie has an EXCLUSIVE deal on 12-month fixed rate electricity and dual fuel deals with Just Energy, which could save you hundreds on your bills, so they are well worth considering.

Compare deals and make a switch

Switching is quick, easy and free - all you need to do is enter a few details and Switcher.ie and your new supplier will handle the whole thing. All suppliers use the same pipes and cables, so there’s no need to worry about a loss in service.

If you’re not free to switch at the moment, you can still make savings on your energy bills by implementing some energy-saving measures around the home.