SSE Airtricity to decrease electricity prices by 6.3%

SSE Airtricity customers have received some welcome news – a price drop on their electricity costs.

Northern Ireland’s second largest electricity supplier has announced a price decrease of 6.3% for their domestic electricity customers from 1st March 2024.

 

What does the price decrease mean for customers?

 

The decrease will be effective from 1st March 2024 and will see around £75 annual savings for a typical customer with a credit/bill pay meter and around £77 savings for a typical customer with a keypad meter*.

The rate decrease will automatically be applied to bills from 1 March so customers will start to see this reduction feed through into their bills from this date.

 

How have prices been changing?

 

Without doubt any price decrease is welcome and it will mean savings at a time of year when we tend to use more energy in our homes. This is the second decrease from Northern Ireland’s second largest provider in recent months, with a previous decrease of 7% taking effect in November 2023. So taking these two price decreases together SSE Airtricity customers will see savings of around £170 over the last six months.

However, although moving in the right direction its important to remember that prices are still much higher than a few years ago, SSE Airtricity, like all suppliers, increased prices multiple times since 2021 so bills will remain higher over the winter period. If you are struggling to pay energy bills or top-up you meter make sure to contact your energy supplier in the first instance for help and support

 

SSE Airtricity – the Company

 

SSE Airtricity has over 140,000 customers which is close to 17% of the domestic market in Northern Ireland.

SSE Airtricity provide Pay as You Go (Keypad) and Credit (Bill Pay) tariffs for customers. You can choose between discount rate tariffs or tariffs that come with a range of cashbacks or other promotions.

 

Switch and save!

 

If you are looking to offset the price increase the quickest and easiest way to do so is to compare suppliers and switch to a cheaper deal using on www.powertoswitch.co.uk. There is a difference of over £505 between the most expensive and most competitive electricity deal in Northern Ireland.

At ‘Power to Switch’ we compare all tariffs and deals across all electricity suppliers to save you money. Switching is quick, hassle-free and means you keep more money in your pocket. You don’t even have to tell your old supplier you are leaving!!!

In 2023, on average people who have switched using Power to Switch saved £391 off the electricity bills.

 

For more information, advice and support on energy issues visit www.powertoswitch.co.uk or follow us on facebook or twitter

 

Compare Electricity and Gas Prices

 

* Based on Bill Pay 24hr Smartsaver Standard (DD/EBill) and Keypad 2.5% Standard 24Hr tariff and 3,200 kWh annual usage

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