SSE Airtricity will raise its gas prices by nearly 19% starting October 1, impacting approximately 200,000 domestic and small business customers in Northern Ireland. This price adjustment is attributed to "unprecedented levels of volatility in global energy markets and higher wholesale gas prices," according to the company.
The increase means the annual gas bill for a typical household in the greater Belfast and west gas network areas is projected to rise by close to £172. Wholesale gas prices in the UK have reportedly doubled since the conflict between the U.S. and Iran escalated. Maze 12 (800x450)