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.
- To read Guernsey Press stories in full click here for subscription details. Individual editions are now available online.
Monday 20 May
- 5 on-call GPs paid £800 a day by States
- Why fostering is not just for families
- Win - Komedy for Kids tickets
- Peter Roffey
- Sport - Muratti report & reaction
Campaigns
Voice For Victims
Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.
This is Guernsey
Guernsey Press
Useful Links
It’s quite simple really , GE has been screwing us for years and they know it.
Report abuse
“The department was surprised”
Yeah surprised that they have at last been exposed for ripping us off!
So what next, another consultant bought in at great tax payers expense
to put a different spin on it? Come on you lot just admit it and lower your prices.
Report abuse
Electricity is expensive over here but the way i see it is GE have to upgrade with more Generators to cope with larger loads mainly due to the ever increasing population of the island, and these projects are not cheap. And do you remember when you could fill your car up for £5.00 and now it costs close to £40.00 yes the price of fuel is very expensive so running these massive engines must cost a fortune.
Report abuse
Now to check the oil firms!
Report abuse
Is it not States of Guernsey owns ships who bring the oil in?
Not sure electric a ripoff, remember a few years ago our dear States refused them any increase whatever
But the large cost increase is difficult for several of us to cope with now! Sort of using low tariff now so night is day and day is sleep time
Report abuse
With GE being government owned, if they lower their prices they’ll deliver a lower divident to the government. Guess what happens if that occurs? Yup, taxes have to go up somewhere else.
Report abuse
What has happened to the French cable? …anyone know?.
Report abuse
Mark B
C.O.D When the GE have collected our 9% surcharge then the french will release the POWER to lay it
Report abuse
“Its more expensive”
That’ll be £500,000 in consultancy fees please…..
Report abuse
http://www.gov.im/mea/projects/power.xml
Is this the way to go?
Report abuse