Large energy consumers and residential customers with so-called “smart tariffs” will see their electricity bill increase during peak hours from 5:00pm to 7:00pm.
It follows a decision taken today by the Commission to regulate public services, following a consultation period announced last month.
But smart fare customers also save on low fares. Energy consumers with packages are not worried.
Under the ruling, off-peak rates will be 10% higher than daily rates, but off-peak rates will be 10% lower.
Many people on social media are blaming the Green Party and Eamon Ryan for all the energy price hikes and uncertainty.
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