Tag Archive for 'subsea cable'

Guernsey electricity price to rise on 1 October 2012 to pay for higher on-island generation costs

September 15th, 2012 by Channel Islands Competition and Regulatory Authorities

CICRA (the Channel Islands Competition and Regulatory Authorities) has agreed to Guernsey Electricity’s application for a 9% tariff rise from 1 October 2012. Andrew Riseley, CICRA Chief Executive, said that the cable failures had been the main catalyst for the necessary rise. “Although a price rise of this size is not ideal there are extenuating […]