Belfast Telegraph

Sunday 20 April 2014

Stormont to investigate price policy

ENERGY pricing policies are to be reviewed by the Assembly Committee for Enterprise, Trade and Investment after meetings with power companies at Stormont failed to yield firm answers.

In recent weeks Power NI, Airtricity and Budget Energy all announced they were to raise electricity prices by almost 18%.

In the last fortnight the committee invited various stakeholders in the electricity industry to give evidence on the issue.

Members have now announced that they are to look at electricity pricing policy for business and domestic consumers and issues relating to security of supply.

Committee chairman Patsy McGlone said the committee would "produce recommendations to improve consumer confidence in electricity policies and industry".