Some of Northern Ireland’s electricity customers will pay some of the lowest bills of all UK and Ireland regions after the largest electricity supplier announced a cut to its electricity prices from next month.
Power NI said it will reduce bills for its customers by 10% from 1 st November – an annual cut of some £97 for the average customer – in a move prompted by the energy price cap.
The cut, carried out as part of the Westminster government’s energy price guarantee scheme, comes despite a recent recommendation by the Utility Regulator that Power NI needed to increase tariffs by 60.5% from the same date as a result of soaring wholesale energy prices.
