SSE Airtricity has today announced a 12.8 per cent decrease in the standard unit rate for electricity and a 11.5 per cent decrease in the standard unit rate for gas.

Households in the Republic of Ireland (RoI) will avail of the reduction from the 1 February 2024 which will automatically be applied. A typical dual fuel customer will save €376.36 (including VAT) per year.

This is the second decrease from the supplier in three months, with a previous price reduction announcement of up to 12 per cent in September.

-- Advertisement --

Klair Neenan, Managing Director of SSE Airtricity, said: "We're really happy to announce a further price decrease for our customers today, in what we hope is welcome news. As a company we’ve stayed true to our word and we continue to pass on savings to customers at the earliest possible opportunity. We’ve also worked hard over the last couple of years to support our customers as much as possible, with unrivalled financial supports and protections.

"SSE Airtricity is equally committed to delivering energy solutions that practically support our customers on their path to net-zero through energy efficiency upgrades. The importance of increasing energy efficiency and the urgency of decarbonisation must remain a focus in all of our energy conversations. We encourage people to shop around as there is real value to be found from doing so, and those who do switch can be assured that they will still receive their government credits."