Consumer Council responds to Firmus Energy Tariff Review
The Consumer Council welcomes today’s announcement by firmus energy of a 6.38 per cent price reduction for its 48,000 gas customers in the Greater Belfast area. This follows last week’s announcement by SSE Airtricity of a 7.8 per cent price reduction for Belfast gas customers.
Richard Williams, head of energy at the Consumer Council said: “This is further good news for consumers. This now means that all gas consumers in Greater Belfast will start to feel the benefit of these price reductions in their pockets”.
However, firmus energy have also announced that there will be no change to the current gas tariffs of domestic and small businesses, outside of Greater Belfast (in the Ten Towns licence area).
Richard added: “Unlike in Greater Belfast, domestic and small business gas customers in the “Ten Towns” licence area will be disappointed that they will not see the benefit from decreases in the wholesale cost of energy.
“In April 2015 the domestic and small business gas market in the “Ten Towns” licence area will open for competition. The Consumer Council is concerned that, as yet, no supplier has indicated that they will enter the market in this licence area and there is a question as to whether a market as small as the “Ten Towns” will ever be able to support effective competition.
“However, in the meantime, the regulatory process does ensure that consumers can have confidence that the price they are paying is fair and that, if and when, a competitor does arrive it will give them a price to beat.”
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