Petrol & Diesel Costs Show Further Increase

In the most recent Irish Fuel Survey conducted by the AA we can see it's not good news for combustion powered cars with an increase in petrol and diesel prices for January. According to the survey, petrol prices have risen by 2 cents to an average of €1.76 per litre, while diesel prices have increased by 3 cents to €1.73 per litre. The rise in fuel prices follows an increase in crude oil prices, from $73 to $82 per barrel.

Electric vehicle owners however got some good news with electricity rates decreasing this month. The average cost to cover 17,000 km annually for EV drivers is now €811.20 which is a further reduction compared to the previous survey reports.

Elena Leao, Marketing & PR, AA (Ireland), said, "It’s disappointing to see petrol and diesel prices rise again this month, as motorists continue to feel the strain. However, it’s positive news for EV drivers who are seeing a decrease in their annual costs. We advise all motorists, whether in petrol, diesel, or EV vehicles, to stay informed and look for opportunities to reduce costs by using energy-efficient driving practices and monitoring energy rates.”

Maintaining your vehicle properly and reducing driving speed can help improve fuel efficiency and performance. "Simple things like checking your tyre pressure and thread depth, fluid levels, and removing unnecessary weight can all make a significant difference in fuel efficiency. Regular servicing is recommended to improve fuel efficiency by keeping key components such as the engine, air filters, and tyres in optimal condition. A well-maintained engine runs more smoothly and uses fuel more efficiently.” Leao added. 

For more information on the January AA Fuel Survey and tips on saving on fuel costs, visit AA Ireland's website.