PrepayPower, a pay-as-you-go energy supplier in Ireland, has announced an 8.8% increase in electricity prices and a 10.6% increase in gas prices, effective from June 1, 2026. The company stated the hikes are due to rising wholesale energy costs.
The price changes will affect all residential customers on standard tariffs. PrepayPower noted that despite the increase, it remains committed to offering competitive rates in the market. The company has advised customers to contact them if they are concerned about paying their bills.
This move follows similar price adjustments by other energy providers in Ireland, as the wholesale energy market continues to experience volatility. PrepayPower's last price change was in October 2025, when it reduced prices.
Customers are encouraged to review their energy usage and consider switching to a fixed-rate plan if available, to mitigate the impact of future price fluctuations. The company also offers energy-saving tips and support for those struggling with payments.