Business & Finance
SSE Airtricity to raise Northern Ireland gas prices by 19% in October
The price hike will increase average annual household energy bills by roughly £172 due to surging wholesale costs.
The short version
- SSE Airtricity announced a nearly 19% gas price increase starting October 1 for Northern Ireland customers.
- The change impacts 200,000 domestic and small business accounts across the region.
- A typical household in the greater Belfast and west gas network areas will see annual bills rise by about £172.
- The provider cited heightened global market volatility and doubling UK wholesale gas prices following US and Israeli military actions against Iran.
Key facts
- SSE Airtricity will raise natural gas prices by almost 19% starting October 1.[BBC News]
- The rate increase applies to 200,000 domestic and small business customers in Northern Ireland.[BBC News]
- The typical annual household gas bill in the greater Belfast and west gas network areas is projected to increase by almost £172.[BBC News]
- SSE Airtricity attributed the adjustment to elevated wholesale prices and international energy market volatility.[BBC News]
- UK wholesale gas prices doubled after the US and Israel launched attacks on Iran.[BBC News]
Sources
- SSE Airtricity to increase gas prices by 19% from OctoberBBC News - Business