Minister Ryan welcomes cheaper gas
Issued: 06 January 2010
Statement by Eamon Ryan
Gas prices to fall by 8% from February
The Minister for Energy Eamon Ryan today welcomed the Commission for Energy Regulation's (CER) confirmation of an 8% on average reduction in Bord Gáis Energy (BG Energy) natural gas unit rate tariffs, for all residential and smaller industrial and commercial customers with effect from 1 February 2010.
This means that the consumer will now see a reduction in the average bill of over €230. This represents a Cumulative decrease of 25% over the year.
"This is good news for the consumer and good news for competitiveness in the country as a whole," said Minister Ryan. "The average bill at end 2008 was €916, but the average bill now will be €684. We all know that money saved is money earned and right now this is just what the consumer wants and needs.
Minister Ryan said: "Now you can stay warmer for less."