Dubliners are paying more for electricity than the residents of all other capital cities in the European Union.
That’s according to a new continent-wide report showing that families in the Irish capital are paying €1,600 for their electricity supply.
Irish energy suppliers increased prices by €8 to €11 per month for electricity in recent weeks as global oil and gas prices soared following the US-Israeli attacks on Iran.
Now new figures show Dublin is the most expensive capital in the EU for domestic electricity prices, with higher charges than those in leading cities such as Paris or Rome.
According to May’s Household Energy Price for Europe index, Dublin families pay an average of 38.52 cent a kilowatt hour (KW/h, the unit in which power is sold) for their electricity.
That translates into bills of close to €1,600 a year or almost €270 per bill, which are issued every two months by most suppliers, based on industry calculations of average Irish household electricity use.
The index includes the standing charges paid to support the national grid and distribution networks that deliver electricity to homes.
It would not include increases announced last week by suppliers ESB subsidiary Electric Ireland and Yuno Energy, which will apply to customers’ bills from July.
In Europe as a whole, Dublin trails only Swiss capital Bern – which is outside the EU – where homes pay 39.19 cent a KW/h.
It is more expensive than Brussels, the EU’s administrative hub, where citizens pay 35.44 cent a KW/h. Dublin’s electricity is also more expensive than Paris, where energy costs 25.44 cent a KW/h, or Rome, where residents pay 31.02 cent.
The EU average for domestic electricity is 25.35 cent a KW/h, according to the monthly index, published by energy regulators in Austria and Hungary.
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