Jersey Electricity last week warned that prices would rise next year following the failure of one of the two cables which import power from France.
Now, in an unconnected move, the Channel Islands Regulatory Authorities has launched an investigation into whether tariffs are ‘fair and reasonable’.
Following a two-year freeze, electricity prices increased by 24% in January 2009, before dropping by 5% in 2010 and rising again by 2.9% in May.
