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Following the ESB hike, Gas to go up by 20% in September.

  • 25-07-2008 1:39pm
    #1
    connundrum
    Registered Users, Registered Users 2 Posts: 5,563 ✭✭✭


    http://www.rte.ie/news/2008/0725/gas.html
    Households and small businesses are facing a 20% increase in gas prices this autumn.

    The Energy Regulator has given Bord Gáis permission to increase prices from 1 September.


    The Commission for Energy Regulation has also warned that a further increase will be needed in January due to the sharp rise in gas prices on international markets over the past year.

    AdvertisementThe CER described the increases as regrettable but inevitable.

    The regulator said Ireland imports 90% of its gas from the UK, where the wholesale price of gas has almost doubled in the past 12 months.

    It said the wholesale price accounted for 60% of customers' bills.

    The Regulator said the two price rises were an attempt to cushion the immediate consequences for customers.

    It said the exact level of the second price rise, to be announced in November, would depend on developments in the gas market.

    Gas prices in the UK have increased by more than 15% so far this year, while gas prices in Northern Ireland rose by 28% in May.

    Time to jump ship?


Comments

  • #2
    whiskeyman
    Registered Users, Registered Users 2 Posts: 12,564 ✭✭✭✭whiskeyman


    connundrum wrote: »

    Time to jump ship?

    Ship jumping charges going up 12.5% in Sept too...


  • #3
    Run_to_da_hills
    Closed Accounts Posts: 20,009 ✭✭✭✭Run_to_da_hills


    whiskeyman wrote: »
    Ship jumping charges going up 12.5% in Sept too...
    You soon won't be allowed on the ship without your passport :eek:


  • #4
    Steve
    Registered Users, Registered Users 2 Posts: 22,584 ✭✭✭✭Steve


    whiskeyman wrote: »
    Ship jumping charges going up 12.5% in Sept too...

    :D


  • #5
    Karoma
    Registered Users, Registered Users 2 Posts: 19,396 ✭✭✭✭Karoma


    Run_to_da_hills wrote: »
    You soon won't be allowed on the ship without your passport :eek:

    Rabble!
    Thank goodness, it might stop farrunerrs comin' over her willy nilly and stealin' our gas.


  • #6
    jester77
    Registered Users, Registered Users 2 Posts: 11,264 ✭✭✭✭jester77


    Karoma wrote: »
    Rabble!
    Thank goodness, it might stop farrunerrs comin' over her willy nilly and stealin' our gas.

    I heard all the unemployed builders will be put to use building a huge wall around Ireland to keep them out!


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  • #7
    FunkZ
    Closed Accounts Posts: 4,179 ✭✭✭FunkZ


    So I suppose Gas will go on teh left side with the other expensive drug habbits! =P


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