PrePayPower announces it will hike prices - becoming the 8th to do so in the last six months
Last Friday PrePayPower announced their price freeze was over and prices will be going up by 3.9% for both gas and electricity from 1 April 2019.
They joined Electric Ireland who also announced an end to a price freeze at the start of last week, with prices going up come April. This means PrePayPower are the eighth energy supplier in Ireland to increase prices due to the rising costs of wholesale energy.
Customers who will be affected by this hike should not just sit back let these rising costs take hold - there are things that you can do the help ease the strain.
Keep your costs down and beat the price rise
Switching is by far the easiest and best way to save yourself significant money on your home energy. And, if you haven’t switched in quite a while (over a year) then you are most likely paying more than you need to and could be set to save quite a bit of cash! Right now you can save up to €358 by switching which isn’t bad for only a few minutes work.
Switch and save up to €396 on your energy bills
It only takes a few minutes to find a cheaper deal and start saving
Don’t forget that by making your house more energy efficient you can bring down your usage and in turn, cut the costs of your bills.
“It’s never been more important to shop around for the best energy deal”
Speaking on the price rise from PrePayPower, Eoin Clarke, Managing Director of Switcher.ie said: “PrePayPower is the latest energy supplier to increase their prices. Customer have increase in wholesale energy costs to thanks for this latest hike, but that will be of little consolation to the 140,000 who will be directly hit by the news.
“If you haven’t switched in the last 12 months, you could be on your suppliers standard tariff. Standard tariffs are typically the most expensive in the market and not value for money. Right now, consumers can grab savings over of €350 by switching to the cheapest deals in the market.”