The government said that the Budget will target people that need it the most and that they understand that it’s a tough time for most people.
However, that hasn’t stopped Flogas from issuing its customers with their third price hike this year alone – with economists estimating that they hike could see people paying an additional €400 to their bills.
The upcoming budget is going to be very interesting to see just how the government promises will play out.
Rip-off Ireland plows on safe and well, as Flogas has announced another price hike -its third this year alone.
From October 26, electricity bills will increase by 17% and gas prices by 23%.
The company alleges ‘continuing and unprecedented increases in wholesale gas prices and the associated increases in wholesale electricity costs’, which translates as ‘we need to keep profits for stakeholders at the same level or above, so we need to gouge our customers.’
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