Recent estimates from the Sustainable Energy Authority of Ireland show that Irish families paid between 43 and 45 cent KW/h last month.
The previous year, Canadian electronics business, Celestica was paying Electric Ireland 6.17 cent KW/h. The State company pointed out that businesses get fixed-term contracts with prices based on wholesale energy and commodity costs at the time they agreed the deal. A company that got a similar deal last year would pay more as its charges would be tied to prices and hedges that applied in 2022, after the sustained rise in costs.
“And there is no distinction whatsoever made between indigenous or multi-national clients,” it stressed.
IrishTimes “The State company pointed out that businesses get fixed-term contracts with prices based on wholesale energy and commodity costs at the time they agreed the deal.” Yet another non-story from the Irish Times. They’re really hard up for content these days.