Tue, 21 Dec 2021
A rebate of at least £58 will be paid to thousands of Manx Gas customers early next year.
It's part of an agreement by the Manx Government to adjust loans it holds with Manx Utilities.
The arrangement has been established following a decision to reduce the amount Manx Gas pays Manx Utilities each year in relation to infrastructure payments, with £1.4m savings being passed on to consumers in full.
After considering a number of options about how the rebate should be paid and who should receive it, Council of Ministers has agreed that Manx Gas will pay the credit to all domestic and business customers. Customers who have not been billed for any units of gas in the previous 12 months to end of November 2021 will not receive the credit.
Isle of Man Government accounts were excluded from all consideration and will not receive the rebate.
The rebate will appear on bills from February as a standard credit.