£200,000 has been set aside over the coming six months but only if Brent Crude hits $100 a barrel.
As the US continues to target Iran during a period of official ceasefire and Iran retaliates, the price of Brent Crude has risen to $84 a barrel.
Brent is the global benchmark of the crude oil price and will be used by Policy and Finance and Alderney Electricity as an indicator of when a fuel relief payment is made.
If it rises to $100 a barrel or more - at the time it is bought on the market by Alderney Electricity - the money will be used to lower the variable fuel cost element of the bill.
The chair of Policy & Finance, Jeannie Cameron, says it could act as a financial cushion to both business and householders:
"This temporary measure provides a level of protection against exceptional fuel price increases while ensuring that public funds are only used where they are genuinely needed."
Brent Crude reached more than $100 a barrel from mid-March to late May '26.
Alderney Electricity is pursuing the use of renewables but is currently exposed to global oil price fluctuations as it generates relatively small amounts of electricity on the island, and is not connected to the European grid, like Guernsey and Jersey.
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