Friday, October 04 15:10:16
Electric Ireland today said there will be no more price rises until the New Year but that there will have to be rises then to cover increased input costs.
There will be increases of about 1.7 per cent from January 1st, as higher fuel and network charges come into effect, and the public service obligation levy increases.
That came into effect at the start of this month, but Electric Ireland said it would absorb the higher costs until January 1st.
Electric Ireland's executive director Jim Dollard said the cost increases were due to factors beyond Electric Ireland's control.
"We are conscious of the cost pressures being faced by our customers and our aim is to keep increases to customers as low as possible for as long as possible," he said.