ESRI: Almost 70% of people cou...


ESRI: Almost 70% of people could end up in energy poverty if price-increases double again

RedFM News
RedFM News

08:13 24 Aug 2022

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In the worst case scenario estimates, 10% of peoples' incomes would be spent on energy.

The ESRI predicts that if price increases were to double again, a total of 69.2% of people would be deemed to be living in 'energy poverty'.

The research institute presented their estimates to the government's 'emergency energy group' .

Their findings - that were privately drafted - were released to the Irish Times under Freedom of Information.

According to the CSO, the cost of energy products increased by a total of 48% in the year until July.

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