SSE Airtricity has confirmed today that its standard household electricity prices are to increase from 1 March 2021.
The standard price of electricity will increase by 3.9%. This price change means a typical household customer will see electricity costs rise by around £0.43 per week^. The change is driven by increases in the cost of using the electricity network and market charges.
Despite this price change, following a price reduction of over 5% last summer, SSE Airtricity customers will continue to pay less for their electricity than this time last year.
David Manning, Director of Home Energy at SSE Airtricity, said:
“Having lowered our prices last year, today’s announcement is difficult. However, as is the case for all suppliers, pass-through charges outside our control have increased materially – including electricity network and market charges. We have made every effort to absorb these costs through the winter in order to reduce the impact on our customers. As always, we will do everything we can to assist our customers and encourage anyone that is having difficulty with their bills to please contact us and we will work with you to find a solution together.”
As well as reducing its electricity and gas tariffs in 2020, in response to the coronavirus pandemic, SSE Airtricity and SSE Renewables, owners of Slieve Kirk Wind Park, repurposed the SSE Airtricity Community Fund as a Covid-19 Response Fund, making £170,000 available to support communities in Derry/Londonderry and Tyrone. This financial assistance has provided support to a range of services, including providing care workers with essential PPE, meals on wheels for vulnerable people isolating, and technology for children home-schooling.
^ From 1 March 2021, the typical annual cost of home electricity will be £592.03, based on a customer on 24hr SmartSaver Standard credit meter tariff (Direct Debit with eBilling) with typical consumption of 3,200 kWh. Figures are inclusive of VAT. Actual costs vary according to meter type, individual tariff and consumption.