The gas and electricity price increase from Flogas makes it the sixth supplier to up its prices.
It’s now been two weeks since SSE Airtricity became the first energy supplier to announce a price increase this year, and since then they’ve kept on coming.
Pinergy, Glowpower, Energia, and Panda Power have all increased their prices, and from today you can add Flogas to that list.
The supplier of green electricity is set to increase both its residential gas and electricity prices from April 12th.
Here’s what customers can expect…
Price changes
Flogas will increase its standard natural gas rate and standing charge by 6.5%, which will see natural gas customers pay an additional €1.02 (inc. VAT) a week, or approximately €53 annually.
At the same time Flogas will also be increasing its standard electricity unit rate and standing charge by 8.5%. The change means a €1.84 weekly increase (incl. VAT) for electricity customers, or roughly €95 extra per year.
Speaking about the reasons for the price increases, Paul Kenny, General Manager, Flogas Energy said:
We have kept our promise to freeze and reduce prices throughout the winter months, but increases are necessary due to the same rising wholesale and network costs that have affected all suppliers.
We are keeping our prices as competitive as possible for our customers and will be reviewing as the market improves. We are also committed to offering carbon neutral energy alternatives like our award-winning Flogas Green Future Gas.
Read our explainer here on why energy prices have been increasing so much recently.
Previous price changes
In October of last year Flogas announced a winter gas price drop of -10% which means its natural gas prices for customers will still be lower than this time last year.
Before that Flogas had increased the price of its gas by 9.8% in November 2018.
Flogas is the only company to offer 100% carbon neutral natural gas for homes in Ireland with its Green Future Gas offering winning the Best Customer Innovation Award at the bonkers.ie National Consumer Awards in February.
Meanwhile, the increase to the energy supplier’s electricity prices follows on from a six-month winter price freeze also announced last October.
See the tables below for the impact the recent price increase will have on customer’s Estimated Annual Bills (EAB) from 12th April 2021.
|
Current (ex. VAT) |
From 12.4.21 (ex. VAT) |
Current incl. VAT@ 13.5% |
From 12/4/21 incl. VAT @ 13.5% |
|
|
Natural Gas |
€771.75 |
€818.54 |
€875.93 |
€929.05 |
| Electricity |
Current (ex. VAT) |
From 12.4.21 (ex. VAT) |
Current incl. VAT@ 13.5% |
From 12/4/21 incl. VAT @ 13.5% |
|
24Hr urban |
€1,069.82 |
€1,154.10 |
€1,214.25 |
€1,309.91 |
|
Night saver urban |
€969.03 |
€1,044.75 |
€1,099.85 |
€1,185.79 |
|
24Hr rural |
€1,103.88 |
€1,174.99 |
€1,252.90 |
€1,333.62 |
|
Night saver rural |
€1,023.78 |
€1,104.15 |
€1,161.99 |
€1,253.21 |
Switch and save!
If you’ve been affected by any of the recent energy price increases announced by suppliers, remember, you can help to offset any change in costs by switching - a penny saved is a penny earned!
And the good news is that despite the rising prices, there is huge competition among the 13 energy suppliers for new customers at the minute
You can compare the best deals on the market by using our energy comparison tool on bonkers.ie. It only takes a couple of seconds and what’s more, the average energy customer could save slightly more than €500 on their annual energy bills if they switch today.
Before switching, you may want to take a look at some of the following:
- Learn about what you need to switch energy suppliers in this guide.
- Check out this list of some of the most frequently asked questions about the energy switching process.
- Have a read of our guide on7 things to consider when switching energy supplier to help make the switching process easier.
So what are you waiting for? Start switching on bonkers.ie!
