Higher tariffs will be offset by the new government support scheme - meaning a reduction for customers
Power NI customers will see a 10% reduction in their energy bills from November, it has been announced.
Power NI said their tariff change follows a review process with the Utility Regulator which concluded a tariff increase was necessary. Regulated suppliers in Northern Ireland, such as Power NI, are required to seek approval from the Utility Regulator before changing their tariffs. “This means that, from 1 November, when the new tariff takes effect, the Power NI average domestic credit customer will pay £847 a year, compared to GB average standard tariff and the RoI average standard tariff .
“Although we now must substantially increase our underlying price to reflect the current market, the implementation of the EPG will mean our customers will see a reduction in their billed tariff level of 10%.” “As well as working directly with customers, we will continue to work closely with our charity partners and government, assisting in helping the most vulnerable in our society and those who are struggling.”
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