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24th November 2008

CONSUMER COUNCIL URGES SWIFT CONCLUSION OF ELECTRICITY PRICE REVIEW THIS WINTER

The Consumer Council today welcomed the Utility Regulator’s decision to review electricity prices this winter and its commitment to ensure that falling wholesale energy costs are reflected in lower bills for consumers as quickly as possible.

Eleanor Gill, Chief Executive of the Consumer Council said, “We wrote to the Utility Regulator and Northern Ireland Electricity in October asking for an urgent review of electricity prices due to tumbling wholesale energy costs.  Consumers are struggling to keep warm and well and they must see cost reductions passed on quickly through lower bills at a time when every penny counts. 

“While this news is welcome, we remain concerned about the underlying system that has resulted in a 52 per cent price increase in our electricity since January this year.   Consumers here are now left paying on average £114 more per year than those in GB.  We are making strong representations on behalf of consumers to the former Utility Regulator, Douglas McIldoon, who is currently conducting an independent review into the recent electricity price rise.  We look forward to the outcome of this review which is expected soon. 

ENDS

  1. Consumer Council media contact: Paula Gunn, telephone, 028 9067 4816 or e-mail, [email protected]
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