Electricity Bills to Rise by 2.5% from March

The annual rate of inflation in Jersey rose to 3% in September, according to the latest figures.

Chief executive Chris Ambler said: 'We know that any increase in household costs is unwelcome, so we have worked hard to keep this rise below the island's current rate of inflation. '

Listen to the latest news for Jersey. Electricity prices will rise by 2. 5% from March.

The company said it was investing £120m in the network to better its resilience and future-proof its systems.

It continued to focus on managing costs responsibly and driving efficiencies across the business.

Electricity bills will go up by £1 a week on average, Jersey Electricity says. The increase will add just over £1 per week for a typical all-electric home from March 2027.

It is worth noting that the increase in electricity prices will have a significant impact on households, particularly those who rely heavily on their energy bills for heating and lighting their homes during the colder winter months when electricity consumption is generally at its highest. The company has assured customers that it continues to work hard to keep this rise below the island's current rate of inflation.

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