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 implemented price hikes for electricity and gas while reporting a record €2.7 billion investment and undergoing a CEO pay increase.
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.
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