Click Energy has confirmed that domestic customers will benefit from a price reduction of 54.72% from November 1, 2022.
The supplier is the smallest of five electricity providers for households in Northern Ireland and the price drop follows a 28.2% rise since the start of October.
It follows the UK government’s announcement of the Energy Price Guarantee (EPG) scheme.
This scheme reduces the unit cost of energy and will be retroactive to 1 October 2022, ensuring that support given in Northern Ireland is equivalent to support given in Great Britain.
As part of the energy price guarantee, each Click Energy household tariff will be reduced by 19.908 pence per kWh (excluding VAT).
This scheme will be in place until April 2023, when the Treasury will conduct a review to decide on future support.
The energy price guarantee will be automatically applied to customer bills, meaning no further action is required.
For customers using keypad meters, the energy price guarantee will automatically be applied to the rate you pay for each unit of electricity at the same rate as all other customers, so the money added to the meters will last longer than it otherwise would have. This winter.
Philip McDaid, Acting CEO of Click Energy, said: “We are delighted to be able to confirm this discount to our customers, as many will have been concerned about the cost of energy this winter.
“Rapid inflation in wholesale gas prices continues to cause inevitable pressures in the energy market, but we hope this announcement will be a welcome relief to our customers as the energy price guarantee attempts to minimize the impact of these rising costs.”
Domestic customers will also receive a £400 credit through the Energy Bill Support Scheme this winter.