Electric Ireland customers have received welcome news – a price drop on their electricity costs.
Northern Ireland’s fourth largest electricity supplier has announced a price decrease of 15% for their domestic electricity customers from 4th June 2024.
The decrease will save a typical customer around £206 whether they are a bill pay or keypad customer*.
What does the price increase mean for customers?
Without doubt any price decrease is welcome and it will mean a reduction in bills.
Commenting on the price reduction, Bill Coyle, Northern Ireland Residential Manager Electric Ireland said; “We always seek to offer the best prices to our customers and we are pleased to announce today that we will be reducing unit rates by 15% for our residential customers.”
However, although prices are moving in the right direction it’s important to remember that prices are still much higher than a few years ago. Electric Ireland, like all suppliers, increased prices multiple times since 2021 so bills will remain high.
If you are struggling to pay energy bills or top-up you meter, make sure to contact your energy supplier in the first instance for help and support.
Electric Ireland – the Company
Electric Ireland has almost 60k electricity customers in Northern Ireland, around 7% of the domestic market, who will now see their bills decrease.
Electric Ireland provide Pay as You Go (Keypad) and Credit (Bill Pay) tariffs for customers. You can choose between a discount rate tariff, or tariffs that come with a range of cashback offers.
Switch and save!
At ‘Power to Switch’ we compare all tariffs and deals across all electricity suppliers to save you money. Switching is quick, hassle-free and means you keep more money in your pocket. You don’t even have to tell your old supplier you are leaving!!!
In 2023, people who switched using Power to Switch saved on average £391 off the electricity bills.
For more information, advice and support on energy issues visit www.powertoswitch.co.uk or follow us on facebook or twitter
* Based on Bill Pay and Keypad Standard 24Hr tariff and 3,200 kWh annual usage
