Gas prices set for large rise! #bordgais #gas #ireland

Natural Gas Price Rises Set to Hit Ireland Hard

Irish natural gas bills look set to increase considerably in the short term with the Commission for Energy Regulation (CER) approving a series of increases for use of the natural gas transmission and distribution networks, which will come into effect in October 2012.  This will result in price rises in the order of 5-7% for business customers, with more bad news for residential users expected later today with Bord Gáis Energy seeking a 7.5% increase. Network costs account for half the 7.5% rise in domestic prices that the group is seeking.