Electricity aims for clarity on pricings
Monday 21st January 2013, 3:00PM GMT.
TREASURY and Resources is working with Guernsey Electricity to find a way to compare the utility’s performance to other jurisdictions, the department has confirmed.
It follows two reports on electricity prices from the Channel Islands Competition Regulatory Authority and research firm Island Analysis, the first of which showed GE was a third more expensive than Jersey and the second that GE was the second most expensive out of 14 island jurisdictions.
But the department echoed questions that were raised by the utility about the accuracy of the CICRA report.
‘The department was surprised that CICRA did not provide Guernsey Electricity with an opportunity to comment on the draft of its report before it was finalised so that the company could assist in verifying some of the information within it,’ a spokesman said.
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