The States' Trading Supervisory Board (STSB) has given approval for Guernsey Electricity to increase its revenues by 13% from 1st July 2023.
In determining its decision, the STSB commissioned an independent assurance review of the company's application and the financial models underpinning it, and a separate independent Tariff and Efficiency Benchmarking Review. It also considered the results of a public consultation, which was carried out by Guernsey Electricity earlier this year.
The full decision notice, and the findings of the Tariff and Efficiency Benchmarking Review, were published on 25 May 2023 and can be accessed using the download links on this page.
