GAS prices in Jersey are to rise by 12% from the end of January.
The increase will add about £13.80 per month to bills for an average household, according to Islands Energy Group.
Prices are to rise by 8% in Guernsey.
It comes after electricity prices rose by 12% and water bills increased by 10.9% this month.
Jo Cox, chief executive of Islands Energy Group, which has pledged to review the prices in six months, said: “We are fully aware of the challenges that many households are facing with rising prices across the board.
“We have kept our tariffs the same for over a year, however with inflationary pressures on operating and importation costs, high interest rates impacting on our capital investment programme and the continued volatility in the wholesale gas market, we have had to take the difficult decision to make this increase.
“We’re confident that our prices truly reflect the cost of gas we supply to our customers.
“We are working closely with both the Government of Jersey and the States of Guernsey to ensure they are fully up to date on the situation and that they are able to offer support where they can.
“We provide a Priority Customer Care scheme that offers support to vulnerable customers, energy reviews for customers to see where they can save energy, and a host of smart technology that can help customers manage their consumption and reduce costs.
“If any customers are struggling with their bills, we would urge them to get in touch with us.”
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Customer services teams are available on 01534 755500 or in Guernsey on 01481 724811.
