Moyle auctions for capacity from October 2012 - conclusionsPress Release - 7th February 2006
General Consumer Council welcomes Moyle move on energy costs
The General Consumer Council of Northern Ireland has welcomed the announcement by Mutual Energy (NIEH) of a £12.4 million contribution to offset electricity costs.
The Consumer Council has been in discussion with NIEH regarding the contribution it could make to easing the burden of relentless energy price increases. The contribution of £12.4m from Moyle surpluses is good news for electricity consumers.
Wesley Henderson, Director of Energy at the Consumer Council said: "This is good news in a rollercoaster year of high and volatile energy prices that have hit consumers hard and it will ease the strain on consumers’ pockets. Whilst this will go some way towards helping all of us face rising energy bills it will be particularly welcomed by those struggling to make ends meet.”
He added: "It is important that consumers continue to see the benefits of mutualisation. This move demonstrates that. We will continue discussions with NIEH about how a well balanced approach to meeting consumer needs can be achieved now and in the future.”
The Consumer Council will also continue its discussions with the NI Authority for Energy Regulation and NIE as we move towards a review of electricity tariffs. This contribution from Moyle will form part of these discussions.
ENDS
- Consumer Council media contact: Susie Brown, telephone, 028 9067 4807 or 07776 198226 or e-mail, susie.brown@gccni.org.uk
- The Consumer Council is an independent consumer organisation, working to bring about change to benefit Northern Ireland’s consumers. The Council campaigns for high standards of service and protection and a fair deal for all. It also carries out research, gives advice and publishes reports and other publications. It deals with individual complaints about electricity, natural gas, coal and passenger transport.
- For more information, visit our website at www.gccni.org.uk
Mutual Energy Media Contact:
Michael McKernan, Lagan Consulting Tel: +44 (0)28 9261 9550
email: michael.mckernan@laganconsulting.com
Last Updated: 23rd June 2006