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Flogas Energy Residential Natural Gas & Electricity Price Announcement

Flogas Energy Residential Natural Gas & Electricity Price Announcement

Following several months of rising costs in the wholesale energy market, Flogas is announcing natural gas and electricity price changes to take effect from 12th April 2021.

There will be a 6.5% increase to the Flogas standard natural gas rate and standing charge. However, Flogas natural gas prices will still be lower than this time last year, due to a 10% price cut implemented last October.

Flogas is the only company to offer 100% carbon neutral natural gas for homes in Ireland, and at no additional cost. The Flogas Green Future Gas offering won the Best Customer Innovation Award at the recent Bonkers.ie National Consumer Awards.

There will be an 8.5% price increase to the Flogas standard electricity unit rate and standing charge, following a six-month price freeze announced last October. All electricity supplied by Flogas is 100% renewable*.

The increases will mean a €1.84 weekly increase (incl. VAT) for electricity customers and €1.02 a week for natural gas customers (incl. VAT). Details of the price change will be included with gas and electricity bills from 12th April 2021.

Paul Kenny, general manager, Flogas Energy, “We have kept our promise to freeze and reduce prices throughout the winter months, but increases are necessary due to the same rising wholesale and network costs that have affected all suppliers. We are keeping our prices as competitive as possible for our customers and will be reviewing as the market improves. We are also committed to offering carbon neutral energy alternatives like our award-winning Flogas Green Future Gas.”:

 

The impact on Estimated Annual Bills (EAB) from 12th April 2021 will be as follows:

 

Current

(ex. VAT)

From 12/4/21

(ex. VAT)

Current

(incl. VAT @13.5%)

From 12/4/21

(incl. VAT @13.5%)

Natural Gas €771.75 €818.54 €875.93 €929.05
         
Electricity        
24hr Urban €1,069.82 €1,154.10 €1,214.25 €1.309.91
Night saver Urban €969.03 €1,044.75 €1,099.85 €1,185.79
24Hr Rural €1,103.88 €1,174.99 €1,252.90 €1,333.62
Night saver Rural €1,023.78 €1,104.15 €1,161.99 €1,253.21

Gas EAB is based on a customer using 11,000 kwh per annum and Electricity EAB is based on a customer using 4,200kwh per annum as per the Commission for Regulation of Utilities, (CRU).

Prices are shown rounded for presentation purposes. Prices may vary during the customer’s contract.

*Renewable electricity is subject to verification by the CRU under the CRU’s Green Source Product Verification process.