SSE Airtricity to hike gas and electricity prices from 14 July
The average dual fuel customer will pay €140 more per year.
Last winter, we saw price hikes from most energy suppliers, and unfortunately today we’re seeing the first increase of the summer.
SSE has announced that it is increasing gas and electricity prices from 14 July for all of its customers. The increases are pretty significant, and will see the average dual fuel customer paying over €140 more per year for their energy.
Meanwhile, standalone electricity customers will see their bills rise by €59, while the average SSE Airtricity gas customer will be paying an extra €82 per year.
How to combat the price rises
First thing’s first, if you haven’t switched energy in the last 12 months, you will make huge savings by doing so now. The average dual fuel customer can save up to €359 by switching, and it only takes 5 minutes, so it’s well worth taking the time.
If you are planning to switch, and you’re really worried about potential price rises, a good option might be to switch to a fixed-rate deal. Although not common in Ireland, Just Energy does offer these kinds of plans.
While they’re generally not the cheapest deals out there, if you do switch to a fixed rate deal, your unit rate and standing charge are set for the period of your contract, so they could give you some peace of mind.
“Price hikes will have a big impact as the colder months creep in”
Speaking about SSE Airtricity’s price hike, Switcher.ie’s Managing Director Eoin Clarke, said “During the summer months, energy bills are probably the furthest thing from consumers’ minds. However, news of this price hike should be a wake-up call for SSE Airtricity’s customers, and - judging by the trend last winter - could be a warning sign of things to come from other energy suppliers too.
He added: “Although we may be using less energy during the summer months, these price hikes will surely have a big impact as the colder months creep in. Regardless of what supplier you’re with, we’d strongly encourage anyone who hasn’t switched in the last 12 months to compare energy deals and make a switch sooner rather than later.”