On Air Now

Overnight Music

Midnight - 6:00am

  • 045 901 490
  • 0833-979797

Now Playing

Jess Glynne

Take Me Home

Wholesale Electricity Prices Have Dropped By 62%- CSO Finds

Recent CSO figures show prices have dropped by 62% from December 2022 to May of this year.

The Tanaiste has called on energy companies to "reflect" on the reduction of wholesale electricity prices.

Recent CSO figures show prices have dropped by 62% from December 2022 to May of this year.

However, most companies have yet to reduce their consumer prices, saying there's a time lag from when they purchased electricity.

Speaking in the Dail, Tanaiste Micheal Martin believes energy companies need to start looking into how much they're charging customers:

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Tue

    Light rain

    19°C

  • Wed

    Light rain shower

    19°C

  • Thu

    Low-level cloud

    21°C

  • Fri

    Low-level cloud

    20°C

  • Sat

    Medium-level cloud

    19°C