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.

Will Guernsey's Electricity price rise from 1 July?

The price of electricity in Guernsey is to rise from 1 July. The States' Trading Supervisory Board (STSB) granted Guernsey Electricity (GEL) an increase of 8% to be split between the charge per unit of electricity and the fixed standing charge. The STSB has also approved a 2.5% increase in quarterly standing charges from 12.5% to 15%.

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.

How does Guernsey Electricity work?

To help keep the lights on, our homes warm and the Wi-Fi running, Guernsey Electricity collects tariffs from every customer on our electricity network. Put simply, a tariff is the price used to calculate your electricity bill.

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’