Electricity costs set to rise in Alderney
Summary
Electricity prices in Alderney will increase from April, with a 6.4% rise above inflation. This change aims to cover the energy company’s costs, boost renewable energy use, and ensure long-term stability.Key Facts
- Alderney Electricity will raise prices by 6.4% above inflation starting in April.
- The increase aims to fix financial issues and support renewable energy development.
- Households using Tariff C will see a rise of £20 per quarter.
- Prices will still be lower than if they had matched inflation increases.
- The company had kept prices low to help during tough economic times, like the pandemic.
- Alderney relies mostly on diesel for electricity and faces rising global fuel prices.
- Diesel prices increased nearly 50%, and kerosene prices went up over 80% since January.
- The energy board approved the price increase in February to address financial challenges.
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