Price increases 'likely' for Guernsey Gas customers

GUERNSEY Gas customers face price hikes.

 Jo Cox, chief executive officer of Guernsey Gas parent company Islands Energy Group. (30008773)
Jo Cox, chief executive officer of Guernsey Gas parent company Islands Energy Group. (30008773)

Parent company Islands Energy Group – which operates in Guernsey, Jersey and the Isle of Man - said emergency discussions were under way to review pricing in the wake of a jump in the cost of wholesale gas, with a 90% increase in costs through the last year.

‘These discussions are likely to result in price increases in all islands. We will inform our customers as soon as possible once we have confirmed what this will be,’ said Jo Cox, chief executive officer of Islands Energy Group.

‘Energy markets are subject to a variety of complex influences and there have been a significant number of events across the world in recent times, such as Brexit, Covid, storms across America, and unpredictable weather globally.’

She added: ‘We understand that news of price increases for customers can cause concern and we would like to remind our customers that they can sign up for our priority customer care service if they would like to discuss any additional support that we are able to give them. Our team can be reached on 724811.’

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