Energy prices to rise as Energy Price Guarantee Scheme to be reduced

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Energy prices to rise as Energy Price Guarantee Scheme to be reduced
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There will be a reduction in support provided by the Energy Price Guarantee Scheme from July 1

, which will see prices rise for customers across Northern Ireland.

"To support consumers with the switching process, the Consumer Council’s website has an independent energy price comparison tool to help them get the best deal. "This is unfortunate given prices remain around double the pre-pandemic norm. However, the scheme will remain in place until April 2024 and the Government will review whether it is needed every three months until then.

As the cost of wholesale energy has reduced, so too is the level of support provided by government. This meant there was a lower level of discount applied to all electricity and gas bills from 1 January 2023 and it was reduced again in April 2023.

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