17/08/2018
Concerns Raised Over Planned PowerNI Price Increase
Concerns have been raised over plans by PowerNI to increase its electricity prices by 14%.
On Thursday 16 August, the firm announced the rise will come into effect on 01 October and blamed fluctuating world fuel prices for the change.
However, Sinn Féin's spokesperson on Energy, Environment and Climate Spokesperson, said the decision to hike energy prices for the second successive year is "deeply disappointing and concerning".
"This surge will see an annual bill increase of £68 per year for Power NI customers, on top of a 5.6 percent increase in 2017, ultimately placing increased pressure on many people who are already struggling to pay their bills," he said.
"PowerNI has stated that the increase is due to rising gas and oil prices which have made electricity supply more costly.
"While Sinn Féin acknowledges the rising costs of energy production, we feel these issues could be partially mitigated if PowerNI took more steps to diversify its electricity supply."
(LM/CM)
On Thursday 16 August, the firm announced the rise will come into effect on 01 October and blamed fluctuating world fuel prices for the change.
However, Sinn Féin's spokesperson on Energy, Environment and Climate Spokesperson, said the decision to hike energy prices for the second successive year is "deeply disappointing and concerning".
"This surge will see an annual bill increase of £68 per year for Power NI customers, on top of a 5.6 percent increase in 2017, ultimately placing increased pressure on many people who are already struggling to pay their bills," he said.
"PowerNI has stated that the increase is due to rising gas and oil prices which have made electricity supply more costly.
"While Sinn Féin acknowledges the rising costs of energy production, we feel these issues could be partially mitigated if PowerNI took more steps to diversify its electricity supply."
(LM/CM)
Related Northern Ireland News Stories
Click here for the latest headlines.
03 April 2023
Energy Price Changes Advice Issued By Consumer Council
The Consumer Council has issued new advice for local consumers as energy price changes begin to come into effect. Electric Ireland, Power NI, Budget Energy and firmus energy have recently announced changes to their tariffs.
Energy Price Changes Advice Issued By Consumer Council
The Consumer Council has issued new advice for local consumers as energy price changes begin to come into effect. Electric Ireland, Power NI, Budget Energy and firmus energy have recently announced changes to their tariffs.
04 October 2022
'Disgrace' Households Have No Clarity Over Financial Support
The Alliance Party has said it is a "disgrace" households are still awaiting clarity about when they will receive financial support, despite energy price increases.
'Disgrace' Households Have No Clarity Over Financial Support
The Alliance Party has said it is a "disgrace" households are still awaiting clarity about when they will receive financial support, despite energy price increases.
01 July 2022
Energy Price Increases Leave Families Unable To Afford Heating
Energy price increases is going to leave families unable to afford heating, SDLP Communities Spokesperson Mark H Durkan has warned. Mr Durkan made the comment as the latest energy price rise came into effect across NI. It is estimated the price rises could add up to £375 onto the typical annual bill.
Energy Price Increases Leave Families Unable To Afford Heating
Energy price increases is going to leave families unable to afford heating, SDLP Communities Spokesperson Mark H Durkan has warned. Mr Durkan made the comment as the latest energy price rise came into effect across NI. It is estimated the price rises could add up to £375 onto the typical annual bill.
14 November 2024
Minister Murphy Raises Economic Concerns in London
Economy Minister Conor Murphy today raised a number of key economic issues with British Government Ministers during a visit to London.
Minister Murphy Raises Economic Concerns in London
Economy Minister Conor Murphy today raised a number of key economic issues with British Government Ministers during a visit to London.
19 March 2019
Translink To Up Fares For Bus & Rail Services
Translink has announced an increase to fares for many of its bus and rail services next month. Charges on the Metro & Glider service in Belfast, as well as NI Railways and Ulsterbus, will rise as of Monday 01 April. An average increase of 2.
Translink To Up Fares For Bus & Rail Services
Translink has announced an increase to fares for many of its bus and rail services next month. Charges on the Metro & Glider service in Belfast, as well as NI Railways and Ulsterbus, will rise as of Monday 01 April. An average increase of 2.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.