‘Electricity price reduction long overdue’ – Bradley

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Friday, August 24th, 2012
Community, News
SDLP MLA Dominic Bradley has welcomed the news that Power NI will slash their prices by 14%.

Power NI customers will save around £83 a year, which Bradley says is ‘long overdue’

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.” More on this story: Newry customers to benefit from electricity price reduction
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