SSE Airtricity is the latest energy supplier to announce a price hike. "It's the second time the supplier has increased its prices this year, it also hiked its prices in April by 10 per cent for electricity and gas customers." There are also warnings that we could be heading for another cost crisis in the energy sector. Mr Cassidy says it's as bad as it was in 2023 but it's only heading in one direction. "Gas prices are still around double the level they were at three or four years ago and electricity prices are now creeping back up.