Share Energy confirms electricity price rise from April
- Love Ballymena
- 4 minutes ago
- 2 min read
Northern Ireland electricity supplier Share Energy has confirmed a significant increase to its electricity unit rate from 1 April 2026, with customers set to pay noticeably more per kilowatt hour while the daily standing charge remains unchanged.
The change comes after the company held its prices steady for the past two years, despite rising costs across the wider energy market.
Unit price rising by more than 6p per kWh
Under the current Share 24 Keypad tariff, customers pay:
25.29 pence per kWh (including VAT)
16.67 pence per day standing charge
From 1 April 2026, the revised tariff will increase the unit rate to:
31.96 pence per kWh (including VAT)
16.67 pence per day standing charge
This represents a 6.67 pence increase per kWh, or roughly 26% more per unit of electricity, while the daily standing charge remains unchanged.
The price before VAT will rise from 24.09 pence to 30.44 pence per kWh.
Two years of price stability
Share Energy says the change follows a period in which it deliberately avoided raising prices while other suppliers increased tariffs.
“Over the last two years, while other suppliers increased their prices, we chose not to,” the company said in a statement to customers.
“Having a fixed price for such a long period of time has meant that our customers have not had to incur regular hikes in the amount they have to pay for their electricity.”
The supplier said feedback from customers about this stability had been “overwhelming”.
Global energy pressures behind increase
The company says the increase reflects ongoing pressures in the global energy market, which have driven up the cost of producing and supplying electricity across the island of Ireland.
It pointed to mandatory increases in pass-through costs from third-party infrastructure providers and market operators as a key factor behind the rise.
Supplier says it will remain cheapest
Despite the increase, Share Energy says its market position will remain unchanged, stating it will still offer the lowest standard electricity rate in Northern Ireland.
The new tariffs will be applied automatically from 1 April 2026.
Customers who do not wish to accept the revised rates can end their contract without penalty before the change takes effect by switching supplier or moving to another Share Energy tariff. Electricity supply will continue uninterrupted during any switch.
Customers can contact the company’s support team on 0808 304 9870 or by emailing hello@share-energy.com.
Comparing electricity prices
With five electricity providers operating in Northern Ireland, households may be able to save money by switching supplier, changing tariff, or adjusting their billing method.
Consumers can compare electricity tariffs using the Consumer Council’s comparison tool:
The tool highlights the best available tariff prices but does not account for additional promotional offers such as welcome credit.
At a glance
Share Energy will increase electricity prices from 1 April 2026
The unit rate will rise from 25.29p to 31.96p per kWh (inc VAT)
This represents a 6.67p increase per kWh – about 26%
The daily standing charge remains unchanged at 16.67p
The change affects the Share 24 Keypad tariff
The supplier says rising infrastructure and market costs are driving the increase
Customers can leave their contract without penalty before the new rates take effect
Households are encouraged to compare tariffs across electricity providers