Energy firms have announced price cuts today - but householders won’t see their bills come down thanks to Government intervention money being scrapped.
Power NI will reduce its domestic electricity tariff by 7.1%, while SSE Airtricity gas supply’s tariff for domestic and small business customers is reducing by 12.2%. These decreases will become effective from July 1.
But at the same time the Government’s Energy Price Guarantee of around £454 a year for the average household is being cut to zero, also from July 1.
