Latest reductions will bring total savings to approximately 30% by February

Dublin, 8th February 2009

Commission for Energy Regulation’s published proposed gas tariffs to apply in February next year. The CER propose an average reduction of 8% for residential and small industrial customers.

The tariff reduction is largely due to lower gas prices than originally forecast and exchange rate developments. The overall pricing policy is to keep gas tariffs in line with underlying movements in the gas markets.

This latest move continues the downward trend for natural gas prices.

In October 2009 there was a decrease of 9.8%

In May 2009 the decrease was 12%.