Electric Ireland to Increase Residential Electricity by 8%, Gas by 7.7% from July 1

Electric Ireland, a subsidiary of the State-owned ESB Group, announced it will increase energy prices for its residential customers starting July 1. Residential electricity prices will rise by 8%, while gas prices will increase by 7.7% simultaneously.

These adjustments will result in an average annual bill increase of €138.24 for electricity customers and €116.76 for gas customers. Electric Ireland, the nation's largest residential electricity provider, serves 1.1 million electricity customers.

The company attributed the price hikes to significant upward pressure on wholesale energy markets, driven by the ongoing conflict in the Middle East. This marks the first residential price increase by Electric Ireland since October 2022, following three price reductions in the intervening period. Other providers, including PrePayPower earlier this month and Energia and SSE Airtricity in late 2025, have also implemented price increases.

Pat Fenlon, executive director at Electric Ireland, stated, «The conflict in the Middle East continues to drive volatility in wholesale energy costs which have increased significantly. Unfortunately, we cannot delay this increase any further due to the sustained upward price pressure on our wholesale energy costs.» Electric Ireland emphasized that various support options, such as flexible payment plans and pay-as-you-go meters, are available for customers experiencing financial difficulties.