16/05/2008
Discussion Sparks Delay In Price Rise
A widely expected jump in the price of electricity in Northern Ireland has been delayed due to ongoing discussions.
The delay followed this week's news that coal prices are to rise by a quarter, compounding inflated natural gas, oil and food costs.
Also, Phoenix Natural Gas has recently said its prices would leap by as much as 28% next month and blamed the increase on financial speculators driving the wholesale price up.
The stay of execution at Northern Ireland Electricity (NIE) has been partly because the General Consumers' Council is fighting for "every penny of possible savings" before an expected 15% rise is brought in by NIE
The Consumer Council's Eleanor Gill has told the NI Assembly's Enterprise, Trade and Investment Committee that talks with the eneregy provider were ongoing.
"This is not a question of whether the information is right or wrong," she said.
"At times like this, it is really important that the consumer knows that it might be hard and it might be high, but it is fair and that every penny has been fought for."
The Northern Ireland Assembly has established a task force on fuel poverty after Social Development Minister Margaret Ritchie said many households faced a bleak and cold winter.
(BMcC)
The delay followed this week's news that coal prices are to rise by a quarter, compounding inflated natural gas, oil and food costs.
Also, Phoenix Natural Gas has recently said its prices would leap by as much as 28% next month and blamed the increase on financial speculators driving the wholesale price up.
The stay of execution at Northern Ireland Electricity (NIE) has been partly because the General Consumers' Council is fighting for "every penny of possible savings" before an expected 15% rise is brought in by NIE
The Consumer Council's Eleanor Gill has told the NI Assembly's Enterprise, Trade and Investment Committee that talks with the eneregy provider were ongoing.
"This is not a question of whether the information is right or wrong," she said.
"At times like this, it is really important that the consumer knows that it might be hard and it might be high, but it is fair and that every penny has been fought for."
The Northern Ireland Assembly has established a task force on fuel poverty after Social Development Minister Margaret Ritchie said many households faced a bleak and cold winter.
(BMcC)
Related Northern Ireland News Stories
Click here for the latest headlines.
04 October 2024
Bookstart Baby Program Returns To Northern Ireland
Education Minister Paul Givan has expressed his support for the reintroduction of the Bookstart Baby program in Northern Ireland. This program aims to promote early intervention with families and encourage shared reading. The Bookstart Baby program provides packs to babies and young children, fostering a love of reading from a young age.
Bookstart Baby Program Returns To Northern Ireland
Education Minister Paul Givan has expressed his support for the reintroduction of the Bookstart Baby program in Northern Ireland. This program aims to promote early intervention with families and encourage shared reading. The Bookstart Baby program provides packs to babies and young children, fostering a love of reading from a young age.
03 April 2023
Energy Price Changes Advice Issued By Consumer Council
The Consumer Council has issued new advice for local consumers as energy price changes begin to come into effect. Electric Ireland, Power NI, Budget Energy and firmus energy have recently announced changes to their tariffs.
Energy Price Changes Advice Issued By Consumer Council
The Consumer Council has issued new advice for local consumers as energy price changes begin to come into effect. Electric Ireland, Power NI, Budget Energy and firmus energy have recently announced changes to their tariffs.
25 October 2024
Minister Calls For Collective Effort To Protect NI Landscapes
The Department of Agriculture, Environment and Rural Affairs (DAERA) Minister, Andrew Muir, has emphasised the importance of collective action in preserving and enhancing Northern Ireland's natural landscapes.
Minister Calls For Collective Effort To Protect NI Landscapes
The Department of Agriculture, Environment and Rural Affairs (DAERA) Minister, Andrew Muir, has emphasised the importance of collective action in preserving and enhancing Northern Ireland's natural landscapes.
12 April 2007
Northern Ireland house price rise fastest in the UK
Northern Ireland’s property market has rose faster last month than anywhere else in the United Kingdom according to new figures released. A Royal Institution of Chartered Surveyors survey, carried out with the Ulster Bank showed price growth to be over 8% in the month.
Northern Ireland house price rise fastest in the UK
Northern Ireland’s property market has rose faster last month than anywhere else in the United Kingdom according to new figures released. A Royal Institution of Chartered Surveyors survey, carried out with the Ulster Bank showed price growth to be over 8% in the month.
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.
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.