Guernsey Electricity Limited, in accordance with section 23(2)(b) of the Electricity (Guernsey) Law 2001, hereby gives notice that the maximum resale price at which electricity can be resold by persons to whom it is supplied is 26.32 pence per unit.
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NTPC Vidyut Vyapar Nigam Ltd (NVVN)''s tender for 1,000 MWh (500 MW x 2 hours) of standalone battery energy storage systems (BESS) with viability gap funding in Rajasthan has resulted in tariffs range from INR 2.16
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NTPC Vidyut Vyapar Nigam Ltd (NVVN)''s tender for 1,000 MWh (500 MW x 2 hours) of standalone battery energy storage systems (BESS) with viability gap funding in Rajasthan has resulted in winning prices ranging from
Guernsey Electricity Limited, in accordance with section 23(2)(b) of the Electricity (Guernsey) Law 2001, hereby gives notice that the maximum resale price at which electricity can be resold by
Previously, we had locked in lower prices ahead of time, which protected islanders from the significant tariff increases seen in recent years across the UK. But as these
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The decision comes after Guernsey Electricity (GEL) applied to the government for an increase of 9.5% because its long-term fixed - price agreements for the import of electricity are due to end. The STSB said the quarterly standing charges for households would rise from £68.25 to £86.75, the equivalent of about 95p per day.
Guernsey Electricity (GEL) has warned customers to expect further price rises so it can pay off current debts and cover the costs of decarbonising the island. The firm said in its annual report new tariff increases would also help meet the costs of maintaining its infrastructure so energy supplies were "secure and reliable".
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.
However, heavy electricity users are better off in Guernsey, with a high-usage household to spend on average £1,503 a year from July. The analysis showed British households could expect to spend between £42 and £244 more a year - up to 16% more.
GEL's standing charge rose more than 380% between 2021 and July 2025 - from just under £18 to £86.75 a quarter. From July the standing charge is set to go from £68.25 to £86.75. Before 2022 GEL said 96% of its income came from charging people for using electricity - the unit charge.
The firm said in its annual report new tariff increases would also help meet the costs of maintaining its infrastructure so energy supplies were "secure and reliable". According to its accounts, GEL has more than £29m of bank loans, as well as other debts, that expose it to "higher debt financing costs" and "inflationary pressures".
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