Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
14/05/2008

Irish Consumers Could Face 15% Gas Price Rise

One of Ireland's leading energy suppliers, Bord Gáis, is expected to apply to the Energy Regulator for permission to increase prices by over 15%, which could hit consumers' pockets by October.

Bord Gáis management are expected to announce annual results today, in conjunction with the firm's outline for wholesale gas costs, which are continuing to rise World-wide.

-- Advertisement --

Ireland imports the majority of its gas reserves. The price of the natural resource normal follows any cost fluctuations in oil, which has seen steep global rises.

During the last year gas prices have doubled.

This week UK-based Centrica, the British Gas supplier, warned of a possible 30% increase in consumer prices throughout Britain.

Similar financial factors have prompted Bord Gáis to apply for a 15% rise this July, which could take effect as early as this October.

Increased gas billed will hit consumers at a time when they are already paying more for general food and fuel.

(PR/JM)

Latest Construction News

02/05/2024

BAM is set to bring a prime retail investment opportunity in Cork City centre to the market at a guide price of €1,730,000. The property is situated in the heart of Cork on the west side of South Main Street. It is an integral part of the Brewery Quarter Development, featuring a range of ...
02/05/2024

Lagan Group has marked the end of a long-standing contract that outsourced the operation of wastewater treatment facilities at Kinnegar, Holywood in County Down for the past 25 years. The contract which was undertook through the UK government's Private Finance Initiative (PFI) was awarded back in ...
02/05/2024

SSE Renewables has obtained a fully consented 100MW / 200MWh battery storage project near Dungannon in County Tyrone from Heron Energy. If delivered, the Derrymeen battery energy storage system (BESS) which has an installed capacity of 100MW / 200MW, would be the largest installed battery storage ...
02/05/2024

Martin & Hamilton has completed upgrade and extension works for the new Border Force Immigration facilities at Belfast International Airport. The works involved layout amendments spanning two floors, including the relocation of existing Border Force offices and modifications to the Departures ...
02/05/2024

Minister for Communities, Gordon Lyons, has provided an update on the introduction of urgent legislation to address the disparity of legal protection to citizens affected by defective premises. On 15 April 2024, Mr Lyons announced to Members the proposed legislation that he intends to bring ...
02/05/2024

Alliance has called for a comprehensive strategy to speed up the transition from fossil fuels to a fairer, greener society, powered by renewable energy. The party's Economy spokesperson, David Honeyford MLA, has identified the need for reform of the planning system as key to the development of ...
02/05/2024

Sinn Féin spokesperson on Finance, Pearse Doherty TD, has condemned the carbon tax hike on home heating fuels, calling it a "blow" to households that are struggling with high energy costs. The forthcoming tax hike will affect both home heating and gas. In the last three years alone, gas prices ...
02/05/2024

NI Water has been granted a licence to temporarily use Foyle Street Car Park in order to carry out a major wastewater network upgrade in L'Derry this summer. Now the licence and other agreements is in place, NI Water has been able to appoint a contractor who will mobilise to the car park in the ...
02/05/2024

Uisce Éireann has announced that essential works will be carried out on the water network in Clonakilty on Tuesday 7 May and a water outage will take place. The critical improvements are underway as part of Uisce Éireann's Leakage Reduction Programme. They will improve the water supply network in ...
02/05/2024

Kildare County Council has published its new Sustainable Drainage Systems (SuDS) guidelines which is set to benefit the built and natural environment. The Council has begun implementing SuDS design in its Parks projects and is committed to integrating this approach into all future projects. This ...
McHale Plant Sales LtdDavid Grogan Safety TrainingCosy Kingdom LTDFITACAttic Floors & LaddersIFoam InsulationTool FixShannonside GalvanizingCarlow Concrete TanksSlanetrac
Terms and Conditions
2024/05/02 22:13:46