Niall Martindale, CEO, firmus energy, said:
We welcome “The Energy Price Guarantee Scheme” which will provide much-needed assistance to our domestic gas customers and “The Energy Bill Relief scheme” which will assist our business gas customers.”
Currently under the “Energy Price Guarantee scheme” effective from 1st November 2022* Domestic Gas customers will receive a 4.826p per kWh discount*. On average, this equates to around £11.70 per week saving for a typical domestic gas customer. Saving will obviously depend on individual usage patterns.
“The Energy Bill Relief Scheme” for Business customers effective from 1st October 2022* will discount business customer bills up to 9.1p kWh.
In addition to the above all eligible households in NI will receive a one-off £400 discount on their electricity account via the Energy Bills support scheme.
1) When will the price reduction be introduced for firmus energy customers in NI?
1st October 22 for non-domestic, 1st November 22 for domestic with higher rate of discount applied to align with GB discount applied from 1st October.
2) How much of a saving will this equate to on an average weekly bill?
Based on average annual usage for a Ten Towns PAYG of 12,000 kWh and 4.826 p/kWh rate of discount, the saving per week will be £11.70.
3) Being introduced from October, how will firmus energy customers be reimbursed for the time between then and the price reduction?
The GB rate of discount from 1st October 2022 is 4.2 p/kWh, Northern Ireland gas customers are receiving a higher rate of discount from 1st November 2022 to reimburse for the delay in implementing the domestic scheme.
For current information please refer to the GOV UK website.
*A Treasury-led review will be launched to consider how to support households with energy bills