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PINERGY HAS ANNOUNCED an increase to its residential electricity prices.

It will result in the typical household cost rising by 7.6%.

Pinergy said the increase is the result of “ongoing volatility in wholesale energy markets”.

The increase to standard residential electricity prices will take hold from Monday 14 September.

A spokesperson said the increase is in “response to prolonged volatility and elevated pricing in wholesale energy markets caused by the continued conflict in the Middle-East”.

The latest change will result in a 7.6% increase to the typical household cost, equivalent to around €169 annually, based on a domestic customer using typical consumption per annum on standard tariffs.

Meanwhile, there is no change to Standing Charges.

Pinergy noted that announcement marks the company’s first general residential price increase since October 2025.

Pinergy CEO Enda Gunnell remarked that “continued volatility in wholesale energy markets has pushed costs to a level that we can no longer absorb”.

Gunnell said that Pinergy’s “hedging strategy has helped protect customers from much of the pricing volatility to date”.

However, he added that the “scale and duration of what we’re seeing in wholesale markets means a change is now unavoidable”.

“We understand this comes at a difficult time for many households,” said Gunnell, “and we would encourage any customer who is concerned about their bill to get in touch with us directly for support.”

Any customers who may need additional assistance with energy costs are encouraged to visit Pinergy’s website for supports. Meanwhile, Pinergy has encouraged domestic customers to download its app to “identify potential savings”.

Below are the standard rates, standing charges and MicroGen payments (excluding VAT) effective from Monday 14 September:

24 Hour Standard Rate: 42.02c per kWh

Standing Charge: 71.25c per day (no change)

Daytime Standard Rate: 43.15c per kWh

Night-time Standard Rate: 30.63c per kWh

Standing Charge (Urban): 77.65c per day (no change)

Residential MicroGen payments: 18.5c per kWh (no change)

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