Power NI announces price decrease

POWER NI has today  (March 1) announced that a review of its residential unit price has resulted in a 6.3 per-cent (2p per unit) decrease, due to a fall in wholesale market costs.

This is the fourth consecutive decrease for the supplier and will take effect from April  1, meaning that customers on average will make further savings of £64 per year.

William Steele, Director, Power NI Customer Solutions, 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.

“Despite market volatility we have been able to keep our tariffs below the equivalent GB and RoI average, enabling us to continue to provide stability and delivering hundreds of pounds in savings for local households over the last year.”

William Steele continues, “We are continuing to work closely with our charity partners and other key stakeholders across our local communities to provide support to those in need. We have a range of support available from tariff advice to energy saving tips and account support, so if anyone is worried about paying bills, please contact us directly, we are here to help.”