Latest / Cork News Today | 2 Min News | The Daily News Now!
Pinergy Raises Bills Amid Rising Costs | Cork News
Pinergy’s latest electricity price hike, effective September 14th, will cost 28,000 households an extra $169 a year—thanks to a 9.8% jump in unit rates, even as the standing charge stays flat. The company blames soaring wholesale energy prices and grid management fees, driven by global conflicts. This is their second rate increase in just 12 months, following a 13% spike last October. With record numbers of families already struggling to pay bills, this move could spark more hikes across suppliers. Meanwhile, the government’s upcoming budget—expected in early October—may offer relief through…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.