Statement by Jim Allister:
“The savage 18% hike in electricity prices is further demonstration of the abject failure of the Common Electricity Market. Before the SEN was established the trend was towards meeting the lower electricity prices in the rest of the UK, since joining the SEN we have diverged towards meeting the higher prices of the Republic of Ireland, where monopoly and old plant produce inefficiency.
“The SEN was supposed to bring competition and lower prices. Instead it has brought us under ROI monopolistic practices and control and, thus, higher prices. Another rip roaring success for DETI and devolution!”