Electric Ireland cutting residential prices by 10%
Electric Ireland is cutting prices for Northern Ireland residential customers by 10%.
Prices will fall from March 21 and the reduction in its unit rate to 13.99p will result in an additional average annual saving of £59, the company says.
It's the latest electricity provider to cut its prices here.
SSE Airtricity announced it would be reducing its gas and electricity prices by around 10%, and last month Power NI said electric bills for its 500,000 domestic customers would fall by 10.3% from April.
Commenting on the Electric Ireland announcement, Northern Ireland sales manager said: “We are delighted to bring even more value to our customers in Northern Ireland with this 10% price reduction.
"Thousands of households have already taken advantage of the unique offer we have brought to the market and we are confident that with this price decrease, our customer base will continue to increase rapidly.
"We are committed to making sure that our customers in Northern Ireland always get our most competitive prices. Electric Ireland's philosophy is to offer customers long term value and does not aim to win customers with the appearance of upfront discounts that are unclear."