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'A lot of pressure'
Confirmed
Restaurant owner Glenn Davis said energy price rises were putting a lot of pressure on small businesses Northern Ireland's largest provider of natural gas, SSE Airtricity, is to increase its prices by almost 19% from 1 October for its 200,000 domestic and small business customers.
Broomfield, from the Utility Regulator, said the main reason for the increase in gas prices was "the sustained rise" in the wholesale cost of gas due to the ongoing conflict in the Middle East. Isobel Russell said she felt "a lot of pressure" as she lives alone Isobel Russell from Larne said the prices put "a lot of pressure" on her because she lives alone and her husband is in a care home.
Colin Broomfield from the Utility Regulator said the increase would be "difficult news for many households and small businesses, particularly at a time when wider cost pressures remain a concern". Raymond Gormley says the price increase will be a shock to consumers Consumer Council for Northern Ireland head of energy policy Raymond Gormley said 19.2% is "a significant amount".
The company said "unprecedented levels of volatility in global energy markets and higher wholesale gas prices" had led to the price rise. Gormley said there are a number of reasons for the increase, with the conflict in the Middle East being a huge factor.
Current subscribers will receive one month’s notice before paying the new prices, Apple said, per Variety.
What's confirmed
- Restaurant owner Glenn Davis said energy price rises were putting a lot of pressure on small businesses Northern Ireland's largest provider of natural gas, SSE Airtricity, is to increase its prices by almost 19% from 1 O
- Broomfield, from the Utility Regulator, said the main reason for the increase in gas prices was "the sustained rise" in the wholesale cost of gas due to the ongoing conflict in the Middle East.
- Colin Broomfield from the Utility Regulator said the increase would be "difficult news for many households and small businesses, particularly at a time when wider cost pressures remain a concern".
- The company said "unprecedented levels of volatility in global energy markets and higher wholesale gas prices" had led to the price rise.
- Current subscribers will receive one month’s notice before paying the new prices, Apple said, per Variety.
What's still developing
- Restaurant owner Glenn Davis said energy price rises were putting a lot of pressure on small businesses Northern Ireland's largest provider of natural gas, SSE Airtricity, is to increase its prices by almost 19% from…
- The company said "unprecedented levels of volatility in global energy markets and higher wholesale gas prices" had led to the price rise.
- Colin Broomfield from the Utility Regulator said the increase would be "difficult news for many households and small businesses, particularly at a time when wider cost pressures remain a concern".
- Isobel Russell said she felt "a lot of pressure" as she lives alone Isobel Russell from Larne said the prices put "a lot of pressure" on her because she lives alone and her husband is in a care home.
- Broomfield, from the Utility Regulator, said the main reason for the increase in gas prices was "the sustained rise" in the wholesale cost of gas due to the ongoing conflict in the Middle East.
- Raymond Gormley says the price increase will be a shock to consumers Consumer Council for Northern Ireland head of energy policy Raymond Gormley said 19.2% is "a significant amount".
- Gormley said there are a number of reasons for the increase, with the conflict in the Middle East being a huge factor.
- Current subscribers will receive one month’s notice before paying the new prices, Apple said, per Variety .