Electricity bills to rise by 2.5% from March
Summary
Jersey Electricity will raise electricity tariffs by 2.5% from March 2027. The company said the change will add just over £1 a week for a typical all-electric home and will take effect after the colder winter months.Key Facts
- The tariff increase is 2.5%.
- The new rates will begin in March 2027.
- Jersey Electricity estimates the increase will add just over £1 per week for a typical all-electric home.
- Jersey’s annual inflation rate reached 3% in September, according to the latest figures cited in the article.
- Chief executive Chris Ambler said the company aimed to keep the increase below the island’s current inflation rate.
- Jersey Electricity said it is investing £120 million in its network to improve resilience and prepare its systems for future needs.
- The company said it is also working to manage costs and improve efficiency.
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