Durkan welcomes drop in electricity prices

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SDLP Foyle MP Mark Durkan has welcomed today’s announcement from Northern Ireland’s largest energy provider Power NI that they will be dropping their domestic and business prices by 9.2%.

Mr Durkan said: “Any cut in electricity prices should be welcome after the huge price surge in recent years – not least the near 18% rise from 2013.

“This long-overdue step will help hard-pressed home and business owners in Derry who are currently feeling the pinch from a rise in other costs of living.

“Whilst a bigger reduction would have been more welcome, it does go some way to restoring faith that energy companies are willing to pass on significant savings to the public when they can be made.”