Power NI prices to increase by nearly 14%

Power NI has announced its biggest price hike in 5 years.

The firm are to increase electricity tariffs here by 13.8% with effect from 1 October 2018.

A typical customer's bill is expected to cost a further £68 per year following Power NI’s announcement according to experts.

Customers are being urged to take control of their energy bills in preparation for the biggest price increase since 2013.

John French, Chief Executive of The Consumer Council, said: “From October, a typical household using Power NI will see their annual electricity cost rise from £497 per year to £565 per year.

"Our analysis shows that this increase broadly reflects the increases we have seen on the wholesale energy markets.

"We would wish to highlight that households can still make significant savings within the electricity market in Northern Ireland by annually shopping around for the best deal.”