The decrease will take effect from April 1, 2024
A Northern Ireland electricity supplier has on Friday announced a price cut. Power NI say a review of its residential unit price has resulted in a 6.3% decrease, 'due to a fall in wholesale market costs'.
A spoesperson said: "Power NI is the only domestic electricity supplier in Northern Ireland who is price-regulated, providing customers with an additional level of safeguarding, as tariffs are only adjusted through a Utility Regulator approved process." He added: “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.”