As usual, the local Press have accepted PowerNI's statement regarding electricity prices at face value.
Of course, they are right to say that in April 2015 prices fell by 9.2% and so, coupled with the latest cut of 10.3%, prices have fallen by about 20%.
Going back to 2012, however, there is a different picture - especially when oil prices are taken into account.
DateOil PriceElectric price
2012$105fell by 14%
2013$125rose by 17.8%
2015$50fell by 9.2% (in April)
2016$30fell by 10.3%
This represents an overall reduction of about 16% when oil prices have fallen by 75%.
Should the highly-paid regulator not be taking some action to protect the consumer?
Larne, Co Antrim