Northern Ireland energy firms drop electricity and gas prices

Switch today and save £618*

in partnership with Banner_uswitch

Looking to switch your business energy supplier? Click here

* Between 1st June 2016 and 30th Nov 2016, at least 10% of people who switched energy supplier for both gas and electricity with uSwitch saved £618*

Consumers in Northern Ireland are set to benefit from reductions in electricity and gas prices, it has been reported.

It has been confirmed that Northern Ireland Electricity is dropping its prices by 10.8 per cent, while Phoenix Gas is making reductions on 22.1 per cent, the BBC reports.

Energy minister Arlene Foster has welcomed the move by the two energy firms, which were revealed following an independent review of gas and electricity prices in the province.

Ms Foster did however tell the news provider that she would have liked to see "even bigger price reductions".

She stated: "I'm satisfied that the regulator has looked at the wholesale market, he has looked at the sterling/dollar differential and he has said that he is satisfied that these price reductions are in line with what's going on."

Ed Miliband, energy secretary, recently said that energy firms should pass on reductions in wholesale prices to consumers "as soon as possible".

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.