Electric Ireland is to reduce its prices for customers by 6 per cent from 01 June.

The reduction will benefit Electric Ireland's residential electricity customers with a saving of 5.2 per cent every year on an average customer bill.

Jim Dollard, Executive Director, Electric Ireland said: "This is Electric Ireland's third electricity price decrease in less than two years. We are committed to continually offering the best value products to our customers in a very competitive energy market place. Today’s announcement is good news for Electric Ireland's 1.2 million residential electricity customers - it means the average annual residential bill for our customers will have reduced by more than €100 over the last 19 months."

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(CD/MH)