Welcome relief for natural gas consumers
Natural gas consumers in the Ten Towns and Greater Belfast areas will welcome Firmus Energy Supply’s decision to decrease its prices by 8.77% from 1 October 2019, according to The Consumer Council.
Paulino Garcia, Head of Energy Policy at The Consumer Council said, “It is important that consumers in Northern Ireland can trust the energy market and believe that they are paying a fair price for the service they receive. We welcome this decrease and we would like to see other gas suppliers follow suit. This is especially pertinent since the Naturgy Monthly Energy Review and Forecast report published this week showed that wholesale gas prices have fallen by 55% over the last 12 months.
“This is the first natural gas decrease in three years and will benefit around 95,000 gas consumers, especially those in vulnerable circumstances. Consumers will see a reduction of £61 in the typical annual gas bill in Ten Towns and a fall of £54 in Greater Belfast. This is especially relevant as the discretionary income of Northern Ireland households is £100 per week lower than in the rest of the UK.”
The price decrease will go live in the Ten Towns area from 1 October 2019 and Greater Belfast from 8 October 2019.