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21/11/2008
Fuel Prices Hike Avoided
The expected huge price increases for gas and electricity expected in January are now unlikely to go ahead.
Last month Bord Gáis had sought the energy regulator's permission to increase its prices by 4.2%, which would have added about €3 a month to the average household bill.
Electricity costs were also expected to rise, but due to the global economic stagnation, the demand for oil and gas has plummeted.
Oil is now at its cheapest in three years at €48 per barrel, almost $100 a barrel less than July's peak of $147.27.
The price of natural gas has also fallen by 60% from a peak reached earlier this year.
Following the price drops, the ESB and Bord Gáis have said that the price increases they have sought from the Commission for Energy Regulation may not now be necessary.
However, internationally, oil giant OPEC have announced they plan to cut their production of supply of crude oil in order to bring the price up to a steady $80 to $90 and lowered production quotas by 1.5 million barrels a day last month.
(DW)
Last month Bord Gáis had sought the energy regulator's permission to increase its prices by 4.2%, which would have added about €3 a month to the average household bill.
Electricity costs were also expected to rise, but due to the global economic stagnation, the demand for oil and gas has plummeted.
Oil is now at its cheapest in three years at €48 per barrel, almost $100 a barrel less than July's peak of $147.27.
The price of natural gas has also fallen by 60% from a peak reached earlier this year.
Following the price drops, the ESB and Bord Gáis have said that the price increases they have sought from the Commission for Energy Regulation may not now be necessary.
However, internationally, oil giant OPEC have announced they plan to cut their production of supply of crude oil in order to bring the price up to a steady $80 to $90 and lowered production quotas by 1.5 million barrels a day last month.
(DW)
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08 November 2017
Property Prices Continue To Rise Across Ireland
Property prices have increased to 12.8% in the year to September, according to the latest figures from the Central Statistics Office (CSO). In Dublin, residential property prices increased by 12.2% in the year to September, with house prices increasing to 12.4% and apartments increasing to 11.4% in the same period.
Property Prices Continue To Rise Across Ireland
Property prices have increased to 12.8% in the year to September, according to the latest figures from the Central Statistics Office (CSO). In Dublin, residential property prices increased by 12.2% in the year to September, with house prices increasing to 12.4% and apartments increasing to 11.4% in the same period.
03 March 2009
Energy Prices To Fall By 12%
The Government has announced that consumers could see their energy prices fall from next month. According to their announcement today, electricity prices could be going down by as much as 10%, while gas prices are also being reduced by 12%.
Energy Prices To Fall By 12%
The Government has announced that consumers could see their energy prices fall from next month. According to their announcement today, electricity prices could be going down by as much as 10%, while gas prices are also being reduced by 12%.
12 April 2018
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
19 April 2017
Over 10% Rise Is Residential Property Prices
The latest figures from the Central Statistics Office (CSO) have revealed a 10.7% increase in residential property prices across Ireland. The figures show that in Dublin residential property prices increased by 8.3% in the year to February, Dublin house prices rose 8.1% and apartments increased 9.1% in the same period.
Over 10% Rise Is Residential Property Prices
The latest figures from the Central Statistics Office (CSO) have revealed a 10.7% increase in residential property prices across Ireland. The figures show that in Dublin residential property prices increased by 8.3% in the year to February, Dublin house prices rose 8.1% and apartments increased 9.1% in the same period.
06 October 2015
Rise In House Prices Outside Dublin
House prices outside Dublin have increased by 13 % over the past year, according to a report by property website Daft.ie. Home buyers are now typically paying €205,000, compared to €190,000 this time last year. Prices in urban areas of Cork, Galway and Limerick are rising at a rate of almost 20% a year.
Rise In House Prices Outside Dublin
House prices outside Dublin have increased by 13 % over the past year, according to a report by property website Daft.ie. Home buyers are now typically paying €205,000, compared to €190,000 this time last year. Prices in urban areas of Cork, Galway and Limerick are rising at a rate of almost 20% a year.
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