{"id":203672,"date":"2026-07-08T04:25:47","date_gmt":"2026-07-08T04:25:47","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2026\/07\/08\/budget-energy-announces-9-5-price-increase\/"},"modified":"2026-07-08T04:25:47","modified_gmt":"2026-07-08T04:25:47","slug":"budget-energy-announces-9-5-price-increase","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2026\/07\/08\/budget-energy-announces-9-5-price-increase\/","title":{"rendered":"Budget Energy announces 9.5% price increase"},"content":{"rendered":"<div >\n<p ><b >Budget Energy is the latest energy provider to increase its prices, with a 9.5% hike announced for thousands of customers next month.<\/b><\/p>\n<p >The increase will apply to to its residential electricity unit rates and standing charges for customers on variable tariffs, effective from 4 August.<\/p>\n<p >Customers on fixed-price tariffs will not be affected.<\/p>\n<p >The company said that the rise is due to the &#8220;continued volatility&#8221; in wholesale energy markets along with geopolitical tensions and sustained pressures across the energy market.<\/p>\n<p >Budget Energy NI&#8217;s Managing Director Ken O&#8217;Byrne said they will monitor the market conditions closely.<\/p>\n<p >&#8220;We understand this is unwelcome news, especially at a time when many households are facing pressure on everyday costs,&#8221; he said.<\/p>\n<p >&#8220;We encourage our customers to review their tariff options to make sure they are on the plan best suited to their needs.&#8221;<\/p>\n<p >Budget Energy said they will notify all affected customers directly in advance of the change, providing full details of the updated tariffs.<\/p>\n<p >Last week, SSE Airtricity said household bills will increase by 6.2% from 1 August &#8211; about 20p a day, or \u00a371.57 extra a year.<\/p>\n<p >It follows an earlier increase by Power NI, whose electricity unit price increased by 6.2%, effective from 1 July.<\/p>\n<\/div>\n<div >\n<p >Raymond Gormley, head of energy policy at the Consumer Council, said approximately 105,000 Budget Energy BillPay and keypad domestic customers will be affected.<\/p>\n<p >&#8220;All five electricity suppliers have now either increased their tariffs or have announced that they are doing so,&#8221; he said.<\/p>\n<p >&#8220;We would encourage consumers to think about the way they pay for their energy and see if they can reduce their energy costs.&#8221;<\/p>\n<p >According to the Consumer Council, the 9.5% rise would add around \u00a3122 a year to the annual bill of a typical credit customer, and around \u00a3121 a year the average standard-rate keypad customer.<\/p>\n<p >The average annual electricity bill for a typical credit customer on a standard tariff would be around \u00a31,403 and a typical keypad customer on a standard tariff would be around \u00a31,390.<\/p>\n<p >Gormley said that anyone struggling to pay should contact their supplier.<\/p>\n<p >&#8220;Being on a standard tariff and paying on receipt of a bill is the most expensive way to pay for your electricity. Switching payment methods, changing billing method or even switching supplier may save you money.&#8221;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Budget Energy is the latest energy provider to increase its prices, with a 9.5% hike announced for thousands of customers next month. The increase will apply to to its residential electricity unit rates and standing charges for customers on variable tariffs, effective from 4 August. Customers on fixed-price tariffs will not be affected. The company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-203672","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budget Energy announces 9.5% price increase - Tahrir News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tahrir2day.com\/news\/2026\/07\/08\/budget-energy-announces-9-5-price-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget Energy announces 9.5% price increase\" \/>\n<meta property=\"og:description\" content=\"Budget Energy is the latest energy provider to increase its prices, with a 9.5% hike announced for thousands of customers next month. 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