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NI energy prices remain stable heading into winter

Head of Energy Policy at the Consumer Council Raymond Gormley said this stability should bring comfort to some households after record rises.

“Even if prices are higher than they were a few years ago, as long as they remain stable, that’s a good thing,” he said.

“If you remember back to the energy crisis, prices were going up 30-40% at a time and people were moving from one shock to another, whereas if there’s stability, people can plan around that.”

He said it is a good time to prepare for winter if people can afford to do so.

“Oil prices are very good value for money, so for homes with home heating oil, have a look at your heating tanks; if you need oil, it’s a good time to get it.

“The same goes with gas. If you have a pay as you go meter and have a few spare pounds, top up your meter and build up some credit for the winter months.”


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