Electricity and gas prices rise
Electricity and gas prices in Ireland are higher as of 1 May, 2022. The price hikes are concurrent with government’s 10-year programme for the gradual increase of the carbon tax. The carbon tax applies to carbon-emitting fuels such as coal, peat, oil, and natural gas. From 1 June, 2022, the carbon tax will increase to EUR 41 from EUR 33.50 per tonne. The carbon tax will rise to EUR 100…