The company has today announced a 5.6% increase in its household electricity prices
ELECTRICITY bills are set to rise for SSE Airtricity customers from November 1.
The company has today announced a 5.6 per cent increase in its household electricity prices.
They say it is a result of increases in regulated networks charges as well as rising wholesale energy costs.
It is the first rise in four years and will cost the typical householder “90 cent more per week.”
The increase will not be applied to using Pay-As-You-Go meters.
Director of Home Energy at SSE Airtricity David Manning said: “Today’s decision is not taken lightly and is driven by rising costs outside of our control.
“These include recently announced increases to regulated charges for using the electricity networks, which affect all suppliers, as well as prolonged increases in the cost of wholesale energy on global markets.
“Over the past year external costs across the energy sector have been steadily rising.
“We’ve sought to insulate our customers from these rises for as long as possible, however regrettably at this time we have no option but to increase our prices.
“Despite this, the average SSE Airtricity household electricity bill is still €34 cheaper than it was four years ago2.
“As ever, we promise to always protect our most-in-need customers, and so this price increase will not be applied to our customers who use Pay-As-You-Go electricity meters to manage outstanding debt repayments.”