Cost of Living

Home heating oil prices in Northern Ireland are over £1 per litre, more than double the ten-year average price, and prices have only been higher for one week this decade according to the Consumer Council’s weekly heating oil survey, published today.

As the school holidays approach and with the cost of living increasing for households in Northern Ireland, the Consumer Council is encouraging families, youth groups and other organisations to download its free Family Activities to keep young people entertained.

Northern Ireland’s largest energy supplier, Power NI is set to increase its electricity tariff by 27.5% from 1 July 2022, impacting over 461,000 households. A typical Power NI customer with a credit meter will see their bill rise by around £204 per year, while customers with a prepayment meter will see a yea

SSE Airtricity, Northern Ireland’s second largest electricity supplier, and Budget Energy, Northern Ireland’s fourth largest electricity supplier have announced price increases for their residential customers. These increases will effect three in ten households, around 248,000 domestic customers.

Budget Energy is set to increase prices by 27% from Friday 27 May 2022.

SSE Airtricity is set to increase prices by 33%, effective 1 June 2022.