Friday, September 07 17:23:29
In the same week that gas prices rose, the ESB's Electric Ireland today said that electricity prices will rise by 5.9pc from October.
This will add around E50 a year to the average household electricity bill.
At the same time, the company plans to increase natural gas supply charges to householders by 8.5 per cent, in line with the price rise for the ESB's rival, Bord Gais, that the Commission for Energy Regulation approved this week.
It emerged earlier this week that electricity prices were due to rise following a decision by the regulator to increase charges for use of the Republic's electricity networks - the national grid and distribution system - which transmit power from generating plants to customers.
The regulator estimated the network charges would add up to 3.5 per cent to electricity prices.