Pinergy Raises Bills Amid Rising Costs | Cork News

Pinergy’s latest electricity price hike, effective September 14th, will cost 28,000 households an extra $169 a year—thanks to a 9.8% jump in unit rates, even as the standing charge stays flat. The company blames soaring wholesale energy prices and grid management fees, driven by global conflicts. This is their second rate increase in just 12 months, following a 13% spike last October. With record numbers of families already struggling to pay bills, this move could spark more hikes across suppliers. Meanwhile, the government’s upcoming budget—expected in early October—may offer relief through tax cuts, childcare support, and disability aid, aiming to ease the burden on households amid rising costs. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/96c0e8a254c72826