Energy provider Flogas will cut electricity and gas prices for its customers by up to 30 per cent from November 6th. The utility company said it was committed to passing through recent wholesale energy price reductions to both its gas and electricity customers as winter approaches.
The price cut is the most significant yet out of all the energy providers, with some dual-fuel customers seeing a reduction of over €1,600 in their bills.
The reductions, which apply to all variable customers including those with a smart meter, will equate to a saving of €74.58 per month on the average electricity bill, or €895 annually, and €64.84, an annual saving €778, on the average natural gas bill, Flogas said on Friday.
Flogas general manager Sean O’Loughlin said: "As winter approaches, we are pleased to announce a reduction of 30 per cent in our standard rate unit rates and standing charges for both gas and electricity.
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