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Belfast Live
Belfast Live
National
Connor Lynch

Two Northern Irish energy companies announce price rises

Two Northern Irish energy companies have announced price rises which will come into force later this year.

Budget Energy is set to increase its electricity tariff by 29% from Friday, November 26, in what is the company's fourth price rise this year. It will mean that customers will see an increase of around £206 per year.

SSE Airtricity has also announced that it will be raising its electricity tariffs by 9% from December 1. This means the typical customer will see their bill rise by around £62 per year.

Peter McClenaghan, Director of Infrastructure and Sustainability at The Consumer Council, said that the price rises would have an adverse effect on their customers, who are already struggling under the costs.

He said: " “This news will adversely impact SSE Airtricity and Budget Energy customers, many of whom will already be feeling pressure on their household budgets, especially considering both suppliers have already increased prices in recent months.”

This announcement follows the news from the Utility Regulator last week that electricity bills may continue to increase until summer 2022 due to increases in wholesale costs for energy globally.

Peter continued: “We urge anyone who is struggling with their energy bills to contact their supplier directly for help and information. We will continue to work with our energy companies and the Utility Regulator on the development of initiatives to help consumers experiencing payment difficulties and to stress the importance of consumer protection and support during times of such price increases.”

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