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Re: The energy crisis
Gas prices: SSE to reduce prices by 22.8% from April (Northern Ireland)
https://www.bbc.co.uk/news/uk-northern-ireland-68444511
Quote:
Northern Ireland's largest provider of natural gas, SSE, is cut to its prices by 22.8% from April.
SSE says a typical household customer will save £320.47 a year as a result.
Wholesale natural gas prices have fallen sharply since they peaked after Russia's full-scale invasion of Ukraine in February 2022 - those price falls are now starting to feed through to consumer prices.
NI's largest electricity supplier Power NI is also to cut prices.
They will drop by 6.3% (2p per unit) from the start of April.
The company said the move reflected a fall in wholesale market costs and would save the average household customer £64 per year.
Other electricity suppliers have also been cutting prices as wholesale costs fall from record levels.
Power NI's prices are regulated by the NI Utility Regulator.
Power NI customer solutions director William Steele said: "As wholesale prices in the global market have fallen, Power NI has been able to deliver yet another decrease in unit prices for our customers, with our fourth consecutive tariff reduction."
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