Irish energy suppliers Airtricity have announced a new 20 per cent discount on domestic gas prices.
The offer is available to consumers who switch energy providers from other companies to Airtricity's tariff.
Up until now, the firm had been offering a ten per cent discount on the gas prices charged by Bord Gais for customers to switch to Airtricity for both gas and electricity.
Airtricity was discounting the Electricity Supply Board electricity tariff by 13 per cent, but has now reduced the discount to six per cent.
The company said the combined 26 per cent discount will result in bigger overall savings for households that sign up to Airtricity's electricity and gas dual fuel, helping the average family spending 2,160 euros (£1,847) a year for gas and electricity reduce their bill by 234 euros.
Airtricity's price reduction has been welcomed by commentators and is likely to encourage consumers to switch energy deals to take advantage of the discount as the winter months approach.
Airtricity is owned by Scottish and Southern Energy, which acquired the company for two billion euros in 2008
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