13/03/2018

Firmus Energy To Increase Gas Prices

Firmus Energy has announced a rise in gas prices starting from next month.

The increase will affect customers in the Ten Towns and Greater Belfast areas.

The firm said the decision was "unavoidable".

From the 05 April, Firmus Energy customers in the Ten Towns network area will see a price increase of 6.8%. Tariff prices in the Greater Belfast area will increase by 8.8% and will take effect from the 16 April.

Michael Scott, Managing Director of Firmus Energy, said: "We work hard to keep our tariffs as low as possible, to offer price stability for customers and give them confidence in natural gas. 

"The decision to raise our tariffs is regrettable and never easy, however in this instance the cost of bringing natural gas to our customers has increased and our price rise has been unavoidable.

"Our pricing team has engaged extensively with the Utility Regulator, the Department for the Economy and the Consumer Council for Northern Ireland in relation to our regulated tariff in the Ten Towns licensed area.

"We keep our tariffs under continual review to ensure we are bringing the best possible prices to our customers."

SDLP Economy Spokesperson Daniel McCrossan MLA said the price increase will leave vulnerable people out in the cold.

He said: "Household budgets are stretched. In this context, one of the best investments that can be made is in home energy efficiency. Unfortunately, as a result of the paralysis at Stormont, the affordable warmth scheme, which provides grant support to people suffering from fuel poverty, can't be amended to broaden the number of people who can benefit. These grants can be used for cavity wall insulation, roof insulation, boiler upgrades or other energy efficiency measures. The SDLP has previously made the case for the threshold to be made wider so that all those in need can benefit.

"I would encourage anyone with gas heating to begin the process of comparing their suppliers with others in the market. People need to be sure they're getting the best deal available."

(CD/LM)

Related Northern Ireland News Stories
Click here for the latest headlines.

05 March 2015
Energy Firm To Cut Prices In 'Selected' Parts Of NI
Gas supply firm, Firmus Energy, has announced it will cut prices by up to 6.38% for customers living in the greater Belfast area, however prices will remain the same for consumers living outside the city. The announcement follows a recent review of prices in the greater Belfast area.
10 September 2008
NI Energy Prices Set To Rise
Northern Ireland households are set to be hit by further rises in their energy bills, with electricity prices set to rise by a third and gas prices to rise by nearly 20% from the start of next month. The increases come just two months after electricity prices rose by 14%, while gas prices rose by 28% in May.
08 March 2017
Firmus Energy To Increase Gas Prices By 12.2%
Firmus Energy is to increase its gas prices by 12.2%. The price rise will come into effect at the end of March. Approximately 80,000 customers will be affected by the change. Managing Director Michael Scott said: "We understand the importance of price stability for customers and apologise for having to increase prices.
01 April 2010
Energy Cost Cut 'Suits' Mens Outfitter
Independent clothing company Bogart Menswear is one of the latest retailers to benefit from green energy savings having moved to a renewable energy supply from Energia. Established for over 30 years in Ann Street Belfast, the Bogart chain also comprises a store in Newry and a recently opened flagship store in Belfast City Centre.
14 January 2022
£55m Energy Payment Support Scheme Announced
A new £55 million Energy Payment Support Scheme for vulnerable people struggling to meet rising energy costs has been announced by Communities Minister Deirdre Hargey. A one-off payment of £200 will be made automatically to around 280,000 eligible people in receipt of specified benefits.