ESB raises electricity and gas prices by 8% and 7.7%
The increase, effective July 1, 2026, is due to wholesale energy costs from Middle East conflict. This is the first rise since Oct 2022.
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Irish vertically integrated electricity utility
esb.ieLast updated
In short: ESB reported a record €2.7 billion infrastructure investment and a profit of €636 million for 2025, despite significant storm-related costs.
The increase, effective July 1, 2026, is due to wholesale energy costs from Middle East conflict. This is the first rise since Oct 2022.
Deep, fast-flowing waters and fluctuating levels pose serious hazards. ESB urges safer swimming locations.
Profit after tax of €636 million supports expansion of renewables and networks, reducing carbon intensity by 53% since 2005.
Record capital investment of €2.7bn, a €70m profit reduction due to Storm Éowyn, and planned €20bn investment over five years.
Scottish project completes turbine foundation milestone...
The ESB Group saw a 10% drop in profit after tax last year due to "unplanned costs" relating to Storm Eowyn, the Cabinet heard on...
Ireland is no longer burning coal to produce electricity after the country's last coal-fired unit was converted to use heavy fuel oil. ESB, the plant's...
Almost one million homes farms and businesses across the country are without power this afternoon, following Storm Éowyn. The majority of red warnings have been...
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