Gas prices in Guernsey will go up by 4.7% from October

Gas prices in Guernsey will go up by about £40 a year this Autumn.

Guernsey Gas says bills will rise by 4.7% from 1 October.

The utility company blame inflation and lower demand due to the coronavirus pandemic, which has put additional pressures on their fixed costs.

Guernsey Gas and Jersey Gas are both owned by the Islands Energy Group (IEG) and are the sole providers of gas to the residents in the Channel Islands.

Last year Guernsey Gas prices increased by almost 4%.