SSE Airtricity has become the latest energy firm to lower the price of its electricity in a move that will also see the dual provider cut its rate for natural gas.
Following a 9.2 per cent and a five per cent cut respectively from Power NI and Budget Energy, SSE Airtricity said it was cutting its power tariff by eight per cent.
It is cutting its gas tariff for the greater Belfast area by 7.8 per cent in a move it said would make dual customers more than £100 a year better off.
Firmus is expected to announce new tariffs next week .
“I very much welcome SSE Airtricity’s announcement that it is to reduce gas bills for their Greater Belfast customers from 1 April,” said Utility Regulator chief executive, Jenny Pyper.
“This now means that Northern Ireland consumers are benefiting from amongst the lowest electricity and gas standard tariffs in the UK.
“As we regulate SSE Airtricity’s prices in Greater Belfast, we announced a tariff review in January, which included a thorough analysis of all their cost elements.
“Customers of SSE Airtricity can be confident that, due to our regulation, their bills reflect the actual costs of supplying gas to their homes and businesses.
NI Natural Gas Association (NINGA) committee member Stephen Kane said: “Today’s announcement is great news for the industry as natural gas continues to be the fuel of choice for households in Northern Ireland.”