Some opportunistic home heating oil suppliers have jacked up their prices well beyond any rise in international markets. It is inevitable that if the conflict continues for any significant time there will be an impact on global energy prices and Ireland will not be immune. Wholesale prices, which can take weeks or months to feed through into domestic electricity and gas bills, have started climbing. In framing any response to high energy costs, it is important to distinguish between domestic energy customers who are chronically in arrears and those who missed one or two payments for a variety of reasons. It is still a significant number – 191,000 domestic electricity customers and 149,901 domestic gas customers.

Source: The Irish Times March 06, 2026 14:56 UTC