I am renting in a newly built development in Dun Laoghaire that has the “blessed” district heating solution a.k.a. big boiler in the basement that, in theory, should allow for cheaper heating and better BER by recovering heat from exhaust gasses or whatever.
They even say on [their website](http://www.kaizenenergy.ie/district-and-community-heating-systems/benefits-of-community-heating/) that:
> Security of Supply is a huge issue for many countries and their consumers. Ireland is no different. District Heating helps to ease this problem. **Price volatility will not be an issue. Customers are secure from dramatic, short-term swings in the price of fossil fuels.**
Since April they started doing monthly reviews of the price, fluctuating between 20-24 cents/kWh. But yesterday, the price increased to 56 cents (by **140%**) for my building and all adjacent ones.
We are captive with this provider as they own the boiler and infrastructure, so we can’t move to someone else. The building management company shrugs and says they are a third party and can’t comment on the pricing.
Is there any way to combat this practice? Are their prices not regulated at all? What’s to stop them to ask for €5/kWh next month?
1 comment
I don’t know about your provider but mine adjusts the prices according to the price they get. So it’s their supplier (whether electric Ireland or someone else) who sets the price.
The main issue is that they can charge commercial rate though since there are shops attached to it as well