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Power NI to increase domestic prices by 6 9%

BBC News Published Northern Ireland energy supplier Power NI is to increase its prices for domestic customers by 6.9% from 1 July. The company said this would add about 76p a week to the typical household electricity bill. Power NI said the change was prompted by a steady increase in the cost of wholesale electricity . Utility Regulator Chief Executive John French said it did not agree to the rise lightly . Mr French said the regulator recognised it was not an ideal time for a price increase as consumers face a tough time in the context of the Covid-19 pandemic . However, he said the move reflected the actual cost of supplying electricity to Northern Ireland homes .

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