Price cut for 1.2m Electric Ireland customers this summer after ESB report profits totaling €630m – TheLiberal.ie – Our News, Your Views

Price cut for 1.2m Electric Ireland customers this summer after ESB report profits totaling €630m




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There was some good announced or some 1.2 million Electric Ireland customers recently as the company announced that bills will be cut by 6% this coming summer.

The proposed new cuts will see customers saving on average €57.75. The welcome news was revealed by the companies Executive director Jim Dollard who said: “It means the average annual residential bill for our customers will have reduced by more than €100 over the last 19 months.”

The restructuring of billing comes after the company’s parent company ESB revealed they have had a successful year last year, reporting profits of €630m.

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