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19/11/2021

Power NI Confirms 21.4% Price Hike

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Power NI has announced a price hike of 21.4% for domestic customers.

The new prices, which have been described as "another huge blow for workers and families", will come into effect from 01 January 2022

Speaking about the new price hikes, Sinn Féin MLA Caoimhe Archibald said: "As with all such price hikes, those hardest hit by this will be low-paid workers and middle income families. Many of these families are already struggling to make ends meet.

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"We are in the middle of a cost of living crisis as energy prices soar largely due to global demand issues at the same time as inflation is rising and food and other costs are increasing. 

"Sinn Féin is calling on the British government to remove VAT on energy bills during this global price spike to help support families. 

"It should also explore a windfall tax on energy generators similar to that introduced in other European states and redirect the money raised towards tackling fuel poverty."

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