Irish Electricity Consumers Face Price Increases Amid High EU Prices and Uncertainty Over Wholesale Costs.

Irish electricity prices are expected to rise by €1.75/month for the next five years due to a planned investment in the network. However, prices are already high, with a gap between wholesale prices and energy bills wider in Ireland than in other EU countries. The main cause of this issue is unknown, and consumers pay network or standing charges, which comprise up to 30% of their bills, in addition to energy costs.