Northern Ireland's largest energy supplier Power NI is to hike electricity prices by 13.8%, meaning the typical bill for those on its standard tariff will jump by £69/year. The price increase, effective from Monday 1 October, will see the average annual electricity bill for a typical user on the supplier's standard variable tariff rise from £497 to £565. Northern Ireland's Utility Regulator, which oversees Power NI's domestic charges, agreed to the new prices.