Energy bills to go up for Power NI and Firmus customers
Summary
Power NI will raise electricity prices by 6.2% starting July 1, adding about £5 per month to the average household bill. Firmus will increase its natural gas prices by 15.65%, which means an extra £10.70 a month for customers in the Ten Towns area. Both companies point to higher global energy costs, linked to ongoing conflicts in the Middle East, as the main reason for the price hikes.Key Facts
- Power NI’s electricity prices in Northern Ireland will rise by 6.2% from July 1.
- The average household with Power NI will pay about £5 more per month.
- Firmus will increase natural gas prices by 15.65% for Ten Towns customers.
- This increase equals roughly £2.47 extra per week or £10.70 per month for Firmus customers.
- Both companies blame higher global energy and gas prices due to conflicts in the Middle East.
- Power NI delayed the price increase as long as possible but could not avoid it because of rising costs.
- Firmus previously reduced its tariffs by over 27% in the past year, saving customers around £300 annually before this increase.
- The Utility Regulator confirms global conflicts have pushed energy costs up, affecting heating oil, petrol, and diesel prices as well.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.