Fri, 22 Dec 2023
Isle of Man Energy has confirmed that gas prices in the Isle of Man are set to drop by 16% from January.
The energy company have been working with the regulatory body CURA to approve a new gas tariff for January 2024.
The regulatory framework implemented by CURA is based on objective observation of the current energy market and enables quick decision making.
The next tariff review is scheduled to take place in June 2024, with any update to the tariffs to be implemented in July 2024.