Gas prices rise by 7.5%

Island Energy has announced that gas prices in Jersey will rise by 7.5% with effect from 16 January 2025. 

This works out as approximately £9.53 per month for an average household.

It follows a rise of 12% last January, which came just three months after a gas outage left customers with no gas for weeks following an Island-wide fault.

Island Energy blamed the latest rise on 'geopolitical events across Europe'. 

Darryl Goddard, Interim Managing Director of Island Energy, said: “Geopolitical events across Europe have continued to impact the price of wholesale gas over the last 12 months. Energy markets are subject to a variety of complex influences which impact our supply chain and keep the cost of services that are crucial to the supply of gas high.

"We understand that tariff increases can be difficult for our customers to manage, but given these circumstances they unfortunately cannot be avoided. We’re continuing to invest heavily across our network and drive forward a comprehensive maintenance programme. 

“Vulnerable customers can register on our Priority Care scheme, and we will assist them with safety checks, prioritising call outs, energy-saving advice, and by offering payment plans, where customers can spread the cost of their winter bills across the whole year if they sign up to a fixed Direct Debit.”

Customers can register for Priority Care by visiting islandenergy.je/priority-care