GAS prices are set to rise by 5% with effect from next week, Island Energy has confirmed.
The price increase was announced today by the utility company (formerly Jersey Gas), leading to what it said would be an average customer paying £4–5 more each month.
Although the price of gas has not increased since September 2021, customers were hit with a 13.2% rise last year.
Islands Energy Group chief executive officer Jo Cox said: ‘This is a difficult decision to take, particularly at the start of winter, but a price rise is necessary given the continued impact of the energy crisis on the price and security of energy worldwide.’
Mrs Cox said that a ‘market-linked’ increase that formed part of last year’s price rise would remain in place but was no longer enough to cover increased costs.
She added: ‘A 5% market-linked increase is reflective of continuing unprecedented high cost of natural gas and the knock-on effect that has on the supply of LPG, which is the type of gas supplied in Jersey.’
Islanders who experience difficulty in paying their bills have been invited to apply to join Island Energy’s priority customer care scheme, which offers payment plans and further support, with details available through the islandenergy.je site or by calling 755500.
The price rise is the latest indication of mounting increases in the cost of living, which also saw a 5% rise in the cost of electricity in July and an identical rise coming next January.
