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Jersey Fuel to soar in price

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Jersey Fuel to soar in price Empty Jersey Fuel to soar in price

Post by GD Fri 18 Jul 2008, 3:15 pm

ELECTRICITY prices are likely to rise by at least 25 per cent next year, the JEC have warned. And Jersey Gas have announced that their prices will increase by up to 20 per cent next month.
The announcements add to the misery for consumers who were hit with a 5.6% inflation rate this week on top of an already expensive year with the introduction of GST, rising food costs and soaring petrol charges.
Jersey Gas and Kosangas yesterday said that from next month the tariffs and standing charges would increase by five per cent, and the price of gas per unit would increase to 2.13p. This makes an overall increase of between 15 per cent and 20 per cent.
And from 1 January next year, the Jersey Electricity Company will increase prices by at least 25 per cent — or even higher if global energy prices continue to rise. The price hikes mean that the average Islander will be paying between £15 and £20 per month extra in gas, and about £10 extra in electricity. (from thisisjersey)

Its all going up!
GD
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