Pinergy has announced that it will increase residential electricity prices from 14 September 2026, with the typical household electricity bill set to rise by 7.6%.
The increase is expected to add around €169 a year to the electricity bill of a typical household, based on standard annual consumption. Around 28,000 households are expected to be affected.
The announcement is another unwelcome increase for households, particularly as we move towards autumn and the colder months when electricity use typically begins to rise.
What prices are changing?
Pinergy has confirmed that its new residential electricity prices will apply from 14th September 2026.
For a typical household:
- Electricity costs will increase by 7.6%
- The increase is equivalent to approximately €169 per year, including VAT
- Standing charges will remain unchanged
The actual impact on individual households will depend on how much electricity they use and the tariff they are currently on.
This is Pinergy’s first general residential price increase since October 2025.
Why are Pinergy prices increasing?
Pinergy says the increase is due to continued volatility and higher prices in wholesale energy markets, linked in particular to ongoing conflict in the Middle East.
The supplier said its hedging strategy had helped protect customers from some of this volatility, but that the scale and duration of higher wholesale prices meant it could no longer absorb the additional costs.
Pinergy CEO Enda Gunnell said:
“Continued volatility in wholesale energy markets has pushed costs to a level that we can no longer absorb.”
Energy prices are moving higher again
Pinergy is the latest supplier to announce higher prices following a series of increases across the Irish energy market during 2026.
Electric Ireland increased residential electricity prices by 8% from 1 July, while Yuno Energy increased electricity prices by up to 9.5% and Flogas announced an 10.9% electricity price increase from July.
For households, the concern is that these increases are arriving as we head towards autumn and winter, when energy use tends to increase. It makes checking the price you are paying – and whether a better tariff is available – increasingly important.
What should Pinergy customers do?
If you are a Pinergy customer, now is a good time to review your current tariff and compare it against the rest of the market.
You do not have to wait until the new prices take effect to check whether you could save by switching.
Even when suppliers are increasing prices, there can still be significant differences between the deals available. Your potential saving will depend on your current tariff, electricity usage, meter type and the discounts or offers available from other suppliers.
At Power to Switch, we compare electricity tariffs across Ireland to help you see how your current costs compare and whether you could save.
Compare electricity prices today and see if you could save before Pinergy’s new rates take effect.
Compare energy deals now
If you are worried about paying your energy bills, contact your supplier as early as possible to discuss payment plans or support options that may be available.
