THE PRICE of electricity – which is passed on to users’ bills – this week hit its highest level of this year and reached a figure unseen in August in the past 10 years.
The price charged hit €74.58 per Megawatt per hour (MWh) on Wednesday.
The August surge actually means an average household using 200KWh will today be paying €4.5 more on their bill than at the beginning of the month.