SSE Airtricity announce 6.3% price drop for electricity customers
The price cut will automatically be applied to bills from March 1st
Around 141,000 households across Northern Ireland will see a 6.3% cut to their standard household electricity rates.
The reduction is set to save customers ÂŁ74.50 annually and will automatically be applied to bills from March 1st.
Today’s price reduction follows a previous decrease of 7% which happened in November 2023.
Price reduction estimates
-The typical annual cost of home electricity will be ÂŁ1110.82, based on a customer on 24hr SmartSaver Standard credit meter tariff (Direct Debit with eBilling) with typical consumption of 3,200 kWh.
-However, actual costs may vary according to meter type, individual tariff and consumption.
-Customers on SmartSaver credit meter tariff are estimated to see cumulative savings of ÂŁ163.96 including VAT.
-Customers on Keypad Standard meter tariff will see an estimated cumulative savings of ÂŁ170.02 including VAT.
Klair Neenan, Managing Director of SSE Airtricity, said: “We are pleased to be in a position to announce this tariff reduction for our customers and we hope that today’s announcement is good news for households. We're acutely aware of the pressure people have been experiencing, while wholesale market prices have remained significantly higher than the prepandemic norm. Market volatility has impacted households over the past number of years, and we want to assure customers that we will continue to pass savings back to them as soon as it is possible to do so.
“We are here to help, and we urge customers experiencing difficulty to contact us in confidence – we will work with them to find a solution.”
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