The examination aims to ensure fairness and transparency in regulated tariffs

Northern Ireland’s largest supplier of natural gas announced tariff reductions

firmus energy attributed the change to increases in global gas prices

Taking effect from 3rd May, the increase will impact 55,000 Northern Irish customers

Thousands of firmus energy customers will see bills increase by £5.95 a week

The change in firmus energy’s gas tariffs is predicted to affect an estimated 149,000 customers

The move is predicted to affect an estimated 55,000 customers

Firmus energy said the increase is due to global gas commodity prices rising by 200% since the early April

The main reason for the price cut is a significant decrease in wholesale gas costs

The supplier, which has around 95,000 customers, is introducing the price cut from October 2019