Electricity bills will go up by 2.5% in Jersey from March 2027, it has been announced.
Jersey Electricity said the tariff increase would add just over £1 per week for a typical all-electric home from March 2027.
The annual rate of inflation in Jersey rose to 3% in September, according to the latest figures.
Chief executive Chris Ambler said: "We know that any increase in household costs is unwelcome, so we have worked hard to keep this rise below the island's current rate of inflation. "
Ambler said: "We have again delayed the increase until March, which means it will not affect customers during the colder winter months when electricity consumption is generally at its highest."
The company said it was investing £120m in the network to better its resilience and future-proof its systems.
It said it continued to focus on managing costs responsibly and driving efficiencies across the business.
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