We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

The scheme will start in November but be backdated to October. Shutterstock/Ink Drop
Price cap

UK Government announces energy price cap for homes in Northern Ireland

UK Business Secretary Jacob Rees-Mogg said the scheme would begin in November but would be backdated to October.

THE UK GOVERNMENT has announced an energy price cap for homes in Northern Ireland.

UK Business Secretary Jacob Rees-Mogg said the energy support scheme would offer households in Northern Ireland the same level of gas and electricity bill support as an equivalent scheme in Britain.

The announcement follows the launch of the Energy Price Guarantee for households in the rest of the UK, under which a typical household will pay on average £2,500 (€2,860) a year on their energy bill for the next two years from October 1.

The scheme limits the price suppliers can charge customers for units of gas and electricity.

The UK Government said the scheme will work through electricity and gas bills.

Energy suppliers will reduce bills by a unit price reduction of up to 17p/kWh for electricity and 4.2p/kWh for gas.

The UK Government said there is no need for householders to take any action to receive this support.

It said the scheme will take effect from November, but the Government said it will ensure households receive support so they will see the same benefit overall as those households in Britain by backdating support for October bills through bills from November.

Households in Northern Ireland will also receive a £400 (€457) discount on bills through the Northern Ireland Energy Bills Support Scheme.

The UK Government has also announced plans to introduce a cap on wholesale energy bills for businesses in the rest of the UK, and said a parallel scheme will be established in Northern Ireland.

Press Association
Your Voice
Readers Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel