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".
News Image
"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."


Related Northern Ireland News Stories
Click here for the latest headlines.

24 January 2018
NI Unemployment Rate Reaches Lowest Level In A Decade
The unemployment rate in Northern Ireland has reached its lowest level in ten years, according to new figures. From September to November 2017 the rate was 3.8% and is now below the UK rate. It has decreased by 0.9% from the previous quarter and by 1.8% over the year.
06 November 2012
Sinn Féin Calls For Marian Price Release
Sinn Féin has called for the release of convicted bomber Marian Price. President Gerry Adams and Deputy First Minister Martin McGuinness have contacted US Secretary of State Hilary Clinton to "raise the case of Marian Price McGlinchey and to support her release.
16 July 2004
Phoenix Gas price increase cancelled
Phoenix Natural Gas has today cancelled its proposed 20% consumer price rise, after reaching an agreement with its supplier Centrica. The hike was announced in March but was suspended following pressure from local politicians and government.
04 September 2006
NI house prices continue to rise
Northern Ireland house prices are continuing to rise, it has today been revealed.
05 December 2006
NI house prices rise dramatically
House prices in Northern Ireland are now rising at more than 32% a year, according to a survey of local residential property sales.
13 November 2017
NI Health Budget To Receive Increase Of 5.4%
The health budget in Northern Ireland is to receive an increase of 5.4% compared to the previous financial year, according to the budget for 2017/18. NI's budget for 2017/18 is to be passed into law at Westminster later this week.
22 September 2017
Increase In Number Of Workplace Deaths In NI
The number of deaths in the workplace in Northern Ireland has increased over the past year, new figures have revealed. There were 16 fatalities in 2016/17, compared to 12 the previous year, according to a report from the Health and Safety Executive (HSENI).
28 May 2008
'Powerful Shock' From NIE
A 'shock' increase in the price of power has left consumers 'feeling the heat' after confirmation that electricity prices are to rise by 14%. Northern Ireland Electricity (NIE) confirmed today that the price increase would be implemented from July 1 while the company also warned a further price hike could be imminent in the autumn.
06 September 2011
Wholesale Market 'Forces Gas Price Rise'
The gas supplier, firmus energy - that has been providing natural gas since 2005 across Northern Ireland - has announced details of its new tariff, which will see domestic prices increase by 28.4% from 1st October.
10 September 2013
15% Price Hike For Firmus Customers
Firmus Energy has announced a 15% price hike for its customers outside the greater Belfast area. The increase will come into effect next month and will affect 20,000 customers. The firm has said the rise will be the equivalent of £1 a week for a typical household, but it would still be providing the cheapest natural gas tariffs in NI.
09 November 2018
New Deal For Kilroot Power Plant But Jobs Still At Risk
Kilroot power station near Carrickfergus, which has been at risk of closing, has been given a new one-year deal for electricity supply after negotiations with the NI Utility Regulator. Its owners, AES, said the move will "ensure energy stability" for Northern Ireland.
14 January 2014
House Prices Rise Significantly
House prices in Northern Ireland have experienced the biggest rise since the economic downturn, according to the December Royal Institute of Chartered Surveyors (RICS) and Ulster Bank Housing Market Survey for Northern Ireland.
04 November 2011
Doctors Continue Push For Minimum Booze Price
Northern Ireland doctors are continuing their campaign for a minimum price structure for alcohol.
04 August 2011
NI Builders 'Falling Behind Rest Of UK'
The divergence in performance between the construction sector in Northern Ireland and in other parts of the UK grew further in the second quarter of the year. This is according to the Royal Institute of Chartered Surveyors (RICS) Construction Market Survey for the second quarter of 2011.
07 March 2011
Irish Petrol Prices Soaring
While Northern Ireland has already recorded the highest price for unleaded at 129.9pence per litre in the UK during February - with Yorkshire and Humberside at the lowest - at 127.8pence, Dublin drivers are really getting hammered. Even taking the exchange rate into consideration, the Republic Of Ireland petrol prices are now even higher - over €1.