Budget Energy is scheduled to increase its electricity tariff by 4%, effective from 15 January 2026.

This tariff hike means a typical Budget Energy credit customer will see their annual electricity bill increase by approximately £47 per year. Similarly, a typical prepayment customer will see their annual top-up costs rise by roughly £46 per year.

Raymond Gormley, Head of Energy at the Consumer Council, confirmed the new costs and the primary reason for the increase: "From 15 January 2026, a typical Budget Energy credit customer will see their annual electricity bill increase to around £1,281 and a typical prepayment customer will see their annual costs increase to around £1,270. The main reason for this increase is rising network operating costs." Mr Gormley encouraged customers to actively review their current energy arrangements: "We would encourage consumers to think about the way they pay for their energy and see if they can reduce their energy costs. Being on a standard tariff and paying on receipt of a bill is the most expensive way to pay for your electricity. Switching payment option, changing billing method, or even switching supplier may save you money."

To help consumers manage the rising costs, the Consumer Council's website provides a free, independent electricity price comparison tool. This resource allows customers to compare all electricity and gas tariffs currently available across Northern Ireland in a single location.

For consumers without internet access or who require further assistance in checking energy tariffs, the Consumer Council team can be reached by calling 0800 121 6022 or emailing contact@consumercouncil.org.uk.