‘Electricity price reduction long overdue’ – Bradley
SDLP MLA Dominic Bradley has welcomed the news that Power NI will slash their prices by 14%.
The Newry and Armagh representative was reacting after Power NI said the price cuts would save people around £83 a year. Power NI, who have a customer base of around 640,000 and 28,000 businesses, say the average customer will now pay around £505 a year compared to the present figure of £588.
The company stated that this will be implemented in October 2012 but it is still represents a 4.5% increase in prices that Northern Ireland customers enjoyed little over 20 months ago, before Power NI announced a rise of 18.5%.
“It’s a positive step in the right direction and I give it a general welcome,” Bradley said to Newry Times.
“This will be a fillip for consumers and business owners alike, struggling with fuel bills and I hope that there will be further progress in the coming year.”
He added, “It’s also important that the fuel suppliers recognize the plight of consumers. This reduction is one which I believe has been long overdue.”
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