What is the maximum resale price for electricity in Guernsey?

Guernsey Electricity Limited, in accordance with section 23 (2) (b) of the Electricity (Guernsey) Law 2001, hereby gives notices that the maximum resale price at which electricity can be resold by persons to whom it is supplied is *25 pence per unit. What Is A Tariff? Put simply, a tariff calculates your bill.

How will Guernsey Electricity rebalance its income?

The increase will see a rise in both the unit price of electricity and the quarterly standing charges, which together make up customer bills. This will begin to rebalance the amount of income which Guernsey Electricity receives from each element.

Will Guernsey Electricity cost increase?

The cost of electricity will go up from 1st July, after the States' Trading Supervisory Board (STSB) approved an application from Guernsey Electricity to raise tariffs to increase revenue by 9%. The increase will be split between the charge per unit and the fixed standing charge per customer.

Does Guernsey have electricity?

Unlike electricity companies in the UK, GEL is responsible for all aspects of electricity on the island, including generating or importing it, distributing it and billing customers. Most of Guernsey's electricity - about 90% - comes from France through a subsea cable to Jersey, supplying the island with low-carbon energy.

How much would a low-usage household spend on electricity in Guernsey?

Using the analysis, a typical low-usage household in Guernsey would spend £637 a year on electricity from July. Depending on the region, in Britain they could expect to save between £7 and £123 a year - between 1% and 19% less than Guernsey.

Does Guernsey Electricity charge a monthly charge?

Where Guernsey Electricity is required to provide a standby electricity service for ‘behind the meter’ non-renewable energy installations (including CHP) with generation capacity in excess of 25kW, a monthly charge will be applied. For every kW of installed capacity, we charge the standby rate’