Fuel prices have fallen to their lowest level in over a year - but they are set to see an increase on June 1 due to the reintroduction of excise duty.
The Government cut excise duty in March 2022 as fuel prices soared due to the war in Ukraine. But it February it was announced that excise duty cuts would be restored on a phased basis between June and September. So it would be wise to fill up the tanks in the next two weeks, and today the cheapest places to get fuel are in Ballinteer and Crumlin.
The latest AA Ireland fuel prices survey for May shows the average petrol price across the state is €1.57, the lowest since September 2021. From June 1, petrol is set to rise up to six cents per litre for petrol and five cents per litre for diesel.
Here are the cheapest places in Dublin to get your petrol and diesel, according to pumps.ie.:
Petrol:
Applegreen, Ballinteer Avenue, Ballinteer: 154.8c May 16
Applegreen St Agnes Rd, Crumlin: 154.8c May 16
Circle K South Circular Road, Kilmainham: 154.9c May 16
Applegreen, Tara Towers, Rock Road: 155.8c May 16
Topaz, Lucan Road, Palmerstown, D20: 155.9c May 16
Circle K, Butterfield Ave, Rathfarnham: 156.8c May 16
Circle K, St Peters Rd, Walkinstown: 156.9c May 16
Applegreen, Palmerstown Bypass, Palmerstown: 157.8c
Diesel:
Applegreen, Ballinteer Avenue, Ballinteer: 143.8c May 16
GO 286 Kylemore Road, Ballyfermot, D12: 143.8c May 15
Applegreen St Agnes Rd, Crumlin: 144.8c May 16
Circle K, South Circular Road, Kilmainham: 144.9c May 16
Applegreen, Tara Towers, Rock Road: 145.8c May 16
Circle K, St Peters Rd, Walkinstown: 145.9c May 16
Top, Tallaght Road, Tallaght, D16: 146.8c May 15
Circle K, Merrion Road, Merrion: 146.9c May 16
Motorists won’t be able to enjoy these prices for too long however, with the reintroduction of excise duty expected to see prices rise in early June. AA Ireland's Head of Communications Paddy Comyn said: "Prices continue to shrink across the country in May for both petrol and diesel, but the start of the reintroduction of excise duty will increase petrol by 6 cents per litre and diesel by 5 cents per litre on June 1, with more to follow."
After the June fuel price increases, it is expected that diesel and petrol prices will rise once again on September 1 due to excise duty rates. It is understood that it will see prices for petrol to go up by seven cents for petrol and five cents for diesel.
And the Government is also planning a final increase in October 2023 with an increase of eight cents for petrol and six cents for diesel. There's good news for electric vehicle drivers according to the AA Ireland, as electricity prices remain consistent with the average EV driver paying €1,131.04 to charge their car over the course of the year, and this is down from €1,138.13 in the previous month.
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