Household electricity bills to fall

Householders will see their electricity bills reduced by 5.4% from midnight.

Householders will see their electricity bills reduced by 5.4% from midnight.

The reduction will lead to an average yearly saving of €50 for ESB’s 1.9 million residential customers.

There will also be a price drop of 10% for medium sized businesses and almost 6% for small businesses.

The Commission for Energy Regulation (CER) said the reductions reflect lower gas prices.

Household gas prices fell by almost 10.6% on October 1.

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