A typical Budget Energy credit customer will see their annual bill rise by £47
An energy provider in Northern Ireland has announced an electricity price rise from the New Year.
Budget Energy is set to increase its electricity tariff by 4% from January 15, 2026. For a typical Budget Energy credit customer, they will see their annual electricity bill rise by around £47 per year.
A typical prepayment customer will see their top-up costs rise by around £46 per year after the tariff increase. The main reason for the price increase is rising network operating costs.
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Raymond Gormley, Head of Energy at the Consumer Council, said: “From 15 January 2026, a typical Budget Energy credit customer will see their annual electricity bill increase to around £1,281 and a typical prepayment customer will see their annual costs increase to around £1,270. The main reason for this increase is rising network operating costs.
“We would encourage consumers to think about the way they pay for their energy and see if they can reduce their energy costs. Being on a standard tariff and paying on receipt of a bill is the most expensive way to pay for your electricity. Switching payment option, changing billing method, or even switching supplier may save you money.”
The Consumer Council’s website has a free independent electricity price comparison tool which empowers consumers to compare all electricity and gas tariffs across Northern Ireland in one place.
For consumers who do not have internet access or would like additional support in checking energy tariffs, call our team on 0800 121 6022 or email contact@consumercouncil.org.uk.
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