Lots of annoucements from Bord Gais and the Energy Regulator today about an 8 % drop in gas prices from February 8th next. Just in time for the warm up so!

In the news about the price decrease however there has been little mention about the fact we’ll all be paying a lot more for home heating oil or gas from May 1. As a result of Budget 2010 a carbon tax of €15 per ton will be applied. The ESRI estimates that this will cost households €2-€3 per week. The regulator giveth with one hand and the Government taketh with the other.