THOUSANDS of Irish households are set to see a major jump in the cost of TV and broadband.
Sky Ireland has raised the price of its broadband and TV subscription services – a move estimated to hit around 600,000 households.
Customers will see their bills increase by up to €96 a year from the start of April, with broadband products to rise by €4 a month – or €48 a year – with the exception of the Sky 1Gb Fibre option.
There will then be a €3 rise per month on TV base packs, with a €2 rise per month for Sky Kids.
However, customers could also see an increase of €8 per month, leading to a total rise of €96 per year, which the rises are capped at.
The move is expected to be followed by Eir, Vodafone and Three Ireland, as each have a set percentage increase every April.
The total price hike is set to work out at an average of 4.5 per cent a year.
The new increases will not impact those who are still subject to promotional introductory terms.
Sky Ireland said in a statement: “In the coming weeks, we will notify our TV and broadband customers regarding a price increase that will come into effect from April 1, 2025.
“This price increase will impact our TV and broadband customers, with the average bill to rise by 4.5pc.”
They added that the new price hikes reflect the investment it made to improve its products and services.
They also said the increase is to help ease the costs they continue to see heighten.
They added: “We know price increases are never welcome and have tried to keep this increase as low as possible by absorbing costs where we can, while still providing our customers with as much value as possible for the services and content they know and love.”
Sky Ireland noted that they had recently made investments in new content.
They have also confirmed they are extending their existing sports rights.
Last year, Sky Ireland made a similar move which saw hundreds of thousands hit with price hikes.
Customers were hit with increased of around €52 this time last year.
In separate money news, it was announced as part of Budget 2025 that every household in Ireland would be receiving two lump sums towards their electricity.
This payment is automatically applied to your energy bill in the form of two €250 amounts.
The first payment was made in the last few weeks of 2024.
The next lump sum amount will be paid out to Irish customers before the end of February.
