Click Energy announces 15.77% tariff hike
CLICK Energy is the latest company in Northern Ireland to announce a price hike for customers.
The firm is implementing a 15.77 per cent tariff increase from December 1 for its 26,000 consumers, which will see a typical Click Energy electricity bill rise from £428 to £496 - an increase of £68 a year.
Click is the fourth company to announce a price jump following Power NI, SSE Airtricity and Electric Ireland just last month, but the latest increase is more than double that of its rivals.
In August both SSE Airtricity and Power NI announced price hikes of 7.5 per cent and 5.6 per cent respectively, with both coming into effect last month. Two weeks ago Electric Ireland announced a 7.2 per cent increase, but the new tariff will not come into effect until February. The firm said that in order to protect customers from the impact of rising winter energy costs it was delayed the increase in tariff until the new year.
Head of energy for The Consumer Council described the decision from Click Energy is "unwelcome".
“Clearly this is more unwelcome news for Northern Ireland consumers, especially given that four of the five electricity companies have announced an increase in recent months. However, consumers can take action by shopping around for a better deal."
“Our online energy comparison tool makes it easy for consumers to find out if they are on the best tariff. The simple five step process allows consumers to compare tariffs from all five electricity suppliers. At present consumers could potentially make a maximum typical annual saving of £145."