Jersey Electricity announces 12% price increase from next year

Saturday, 1 July 2023 00:00

Jersey Electricity has announced that it will be increasing its prices by 12% from the start of next year.

It means that, from 1 January 2024, the cost of an average domestic annual electricity bill of around £1,200 will go up by £3 per week.

Jersey Electricity said that they are announcing the increase early to give customers more certainty of what they can expect from their electricity bills in the near-term, and that they will be freezing their current prices until next year.

They said that the rise is in line with the recently announced All Items Jersey Retail Prices Index (RPI) of 12.7% and will enable them to keep pace with rising costs due to the volatility of international energy prices.

In the meantime, consumers are reminded that Jersey Electricity’s My JE app allows you to understand better how your electricity is being consumed, and where you may be able to make some savings. It’s also a useful tool for keeping on top of your bills.

Share

More from Energy and Fuel

  • Why Are Oil Prices in Jersey Higher Than the UK?

    A number of islanders have recently asked us why heating oil prices in Jersey are higher than those in the UK and why local prices are not falling at the same rate as the UK.

  • Fuel prices are easing gradually across the Island

    The latest data on Prices.je shows that the prices of both unleaded petrol and diesel are beginning to fall slightly at some forecourts across the Island. While these reductions are modest, they indicate a gradual downward trend in some locations – a trend that will be welcomed by Islanders who rely on their vehicles every day.

  • States Members to debate cutting fuel duty

    Fuel duty in Jersey could be cut later this year, as part of an effort to tackle the cost-of-living crisis, if States Members agree. Deputy Lucy Stephenson has lodged a proposition calling for a 10p cut in the excise duty payable on a litre of fuel.

Opinion Poll

The Jersey Consumer Council frequently asks Islanders to take part in polls on a range of topics.

Just tap on one of the options below to cast your vote and see what others think.

ⓘ What does the JCC do with this information?

Connect with the JCC