- Electric Ireland to increase tariffs by January 2023.
- Pay-as-you-go customers will see bills rise by around £504 per year.
Northern Ireland’s third-largest electricity supplier has announced it will increase electricity tariffs by 23.9% from 1st January.
Electric Ireland has confirmed it has written to its customers that the increase is necessary and has tried to keep prices as low as possible.
The Consumer Council has estimated that the increase will mean that the typical credit meter and pay-as-you-go customers will see bills rise by around £504 per year.
Raymond Gormley, Head of Energy Policy at the Consumer Council, said: “This increase announcement by Electric Ireland is disappointing news, particularly given other energy suppliers have recently announced tariff decreases and will adversely impact approximately 90,000 Electric Ireland customers, many of whom are already experiencing financial pressures on their household budget.”