Energy firm SSE Airtricity is to cut its prices by over 10% in the Greater Belfast area.

The 10.2% price cut will come into effect on 01 April 2016 and customers could save over £50 a year.

Utility Regulator Chief Executive, Jenny Pyper, said: "This reduction comes on the back of Power NI’s 10.3% decrease to its regulated electricity tariff. This now means that the majority of Northern Ireland consumers are benefiting from amongst the lowest electricity and gas standard tariffs in the UK and RoI. Northern Ireland has also seen the largest decreases to date of gas and electricity prices by all suppliers in the UK and RoI.

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"We initiated this tariff review in January 2016, which included a thorough analysis of all their cost elements. Customers of SSE Airtricity Gas Supply can be confident, that due to our regulation, their bills reflect the actual costs of supplying gas to their homes and businesses."

(CD/MH)