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Tue 03 Mar 2009Electricity and gas prices to fall by up to 12 per cent

Electricity prices will fall by some 10 per cent and gas prices will be reduced by 12 per cent from the end of April, it was announced today.

Minster for Energy Eamon Ryan said the Commission for Energy Regulation (CER) had carried out a review of energy prices over the past month after he asked them to speed the process of reducing prices. He said the CER had now presented him with a range of options which allow the reduction of prices.

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