Households in Guernsey are facing a fifth rise in their electricity bills in as many years.
The States’ Trading Supervisory Board (STSB) has approved Guernsey Electricity (GEL) to increase revenues by 5% from July.
The increases will be split between the charge per unit of electricity, which will go up between 5% and 7%, and the fixed standing charge, which will rise by 3%.
The States say this means households consuming the least electricity should see the lowest bill increases.
The move is designed to generate extra income for Guernsey Electricity to invest in maintaining and upgrading the distribution network.
GEL has set out plans to invest more than £150 million between now and 2030 on that and other major projects, which promise to deliver efficiency savings in the future.
The company had applied for a 6% increase, but STSB limited the rise due to the "current affordability pressure which islanders faced".
Here's a statement from the board:
"If the projected level of capital investment is to be delivered, restricting tariff increases to RPI in the near term would likely result in materially larger increases, in excess of RPI, being required by 2029.
"The Board is satisfied that GEL’s proposed capital investment programme supports the delivery of reliable and resilient electricity services, to meet the island’s current and future needs."
Campaigners have criticised its annual increase over the past four years, resulting in a protest outside the GEL headquarters in June 2025.
BA's new Heathrow route brings first time visitors to Guernsey
CIAS Backs mental health drive as missing person searches rise
Abandoned vehicles removed from Guernsey car park
21st century revival for The Wombles
World Cup excitement builds in Channel Islands
Skirmish between British yacht and Russian warship near Alderney
Three banned from Jersey and Guernsey FA matches following Muratti violence
'World-class' Guernsey golf course to open this summer
Comments
Add a comment