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Wholesale Electricity Prices I...

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Wholesale Electricity Prices Increased By 10% In Year To December

RedFM Sport
RedFM Sport

01:29 20 Jan 2023


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Wholesale electricity prices increased by 10 per cent in the year to December.

CSO figures show there's been price increases measured across the economy.

Wholesale electricity prices are the costs that energy companies pay for power which is then supplied to homes and businesses nationally.

CSO figures show in the year to December the cost went up by 10 percent overall.

However, month-on-month - from November 2022 to December the price went up for energy companies of 93 percent.

Elsewhere in the economy throughout 2022 the Central Statistics Office said there was a 39.5 percent increase in the cost of producing dairy and a jump of nearly a fifth in the price of producing fruits and vegetables.

Wood saw a 25 percent price increase, while there was a 22 percent jump in the likes of glass, ceramics and cement.

Construction products overall in 2022 saw an increase in cost of 16 percent.


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