A global recession is on the horizon - please read OP for mod warning

Probably a bi-monthly bill?

But what's the going rate per kwh for commerical customers? Electric car charging can be as low as 6c per kwh, electric suppliers making a loss on that?

Seems commerical customers rates/bills are going up alot faster than residential customers.

No doubt the fuckpigs of Ireland will emigrate to Canada,Auz,NZ etc and not to the great EU.

Yeah but if they had less money to chase it then they could not pay more and would have to learn to do with less , we will see this at play this winter when energy becomes unaffordable by the many all over Europe you cannot chase prices continuously and the printing of the money during covid gives more bandwidth so yes it is because of energy and food prices and because we printed too much money to chase that price.

Markets spooked by the prospect of pan-EU government intervention on energy prices. If this was purely a supply issue you'd expect prices to remain on the up:

bill is 9k ex VAT over 73 days, reported doubling in cost. For a cafe with ovens, fryers, fridges and more appliances its not surprising to have large enough bills, 3/4k for the summer months maybe. A doubling in cost is insane though - and I doubt they did anything wrong.

We'll see many more reports like this coming soon

Very hard to get current business rates, but according to Bord Gas Energy:

And from SEAI:

Guess the public being paying more for electricity all the time.

...now thats very debatable..

oh ffs, what planet do conservatives live on! you do realise, younger generations are already in deep sh1t by not making such investments, i.e. if we dont do this now, you can be damn sure theyre gonna be fcuked in the future, and the near future at that, i.e. the only way out of this is by widescale public borrowing at a European level. debt is how the whole world works, if nobody is taking on debt, everything stops, thats how the world works! the only ways of doing this debt/money creation is via the public or private sectors, via borrowing, and the private sector will only do this, when it suits, and right now, thats probably not gonna happen, i.e. thats where deficit borrowing comes in. its clearly obvious by now, that if we push more so towards private sector borrowing, methods such as qe etc, this money simply will not make it into the hands of average joe and mary....

...grand so, lets do it your way, lets raise rates, further increasing the cost of living, and probably force a whole pile of businesses to shut, therefore causing unemployment to rise, now that sounds like a great plan for your kids and grandkids!

We have a record amount of debt per person in this country and your answer to that is just borrow some more?

I will give Revolution 1917 his due here, it is going to be interesting to see how much support there is for continued military support around February when the public is being told current economic conditions may continue for 5 or 10 years, if that is what comes to pass.

We have already borrowed 240 Billion after the last recession, at interest rates which were at an all time low. This is no longer an option, we really need to look at what we are spending our cash on in this country and deal with it that way there is way too much waste, case in point we could throw another 5 billion at our health system and it will still not solve it or make it any more efficient which points to a fundamental problem with how our services are delivered. At some point we as a nation have to say stop. If our interest rates go up to 5% which given the current Euro vs Dollar rates and the way inflation has been going and looking at other countries thorughout the globe its not beyond the realms of reality that it could go up to that rate, so our current borrowing alone (without more being borrowed which is what your looking for) will cost at some point after rollovers about 12Billion just to service, that is 12 billion out of our day to day spend and even with all of the borrowings we are still seeing p1ss poor services, the expression throwing good money after bad comes to mind. There should be a thorough examination of our spend and anything that is excess or not needed should be cut and use that money to fund areas in need. We pay more than enough in tax and we are already the third most indebted nation per capita in the world and no:1 in Europe. If anything your premise of debt creation and continued borrowing and the notion of this is how the whole world works has been proven to be wrong both in the short term over the last 2/3 years borrowings during covid was 30Billion its not an insignificant amount and yet inflation has kicked our a$$es due to too much money chasing inflation and diminished supply, then over the longer term the last 15 years we have seen our borrowings of 240Billion yet we will still see a recession in the next 12 months and borrowing on the never never just does not work when interest rates are on the up. So your solution is to borrow more? No thanks