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August Fuel Price Update

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Following the reinstatement of excise duty on August 1st, fuel prices were expected to continue to rise. However, the reality at the pump is that petrol has dropped by 7 cents to €1.74 per litre, while diesel prices also dropped by 7 cents to an average of €1.67 per litre. Crude oil prices continue to fall at $72 per barrel. Electric vehicle owners can expect to pay an average of €857.77 per year to cover the national average of 17,000 km per year, which is a reduction of €58 per year this month.

Jennifer Kilduff, Head of Marketing & PR for the AA (Ireland), said, “It’s a good month for all motorists this September. Petrol and Diesel prices on average have decreased this month, perhaps as a result of crude oil prices falling. The EV driver is also winning this month with the average monthly charging costs reducing. Further reductions are expected from November 1st with Electric Ireland announcing they will be cutting some of their rates. Hopefully, these small wins will not be offset by any budget measures.”

AA customers can save 3c per litre on petrol and diesel and 6c per litre on milesPlus fuel at participating Circle K garages using the AA Ireland App. Reducing speed, maintaining and servicing your vehicle according to the manufacturer’s recommended guidelines can help improve overall safety, performance and fuel efficiency.