Isle of Man Energy MD discusses price review
The managing director of Isle of Man Energy says the company would like to see gas prices drop even further.
Tariffs have fallen by 16 per cent today following a review by the Isle of Man's energy regulator (CURA).
Prices have been adjusted to 13.98-pence per unit, with more reviews planned for later this year.
However, Aidan Baglow says wholesale prices are sometimes up to seven times higher than 'normal', and warns there's still volatility in the market:
500% increase in immigration arrests on the Isle of Man
More taxpayers' cash could be spent on 'cleaner heating'
RAF veteran says assisting blind climber will be 'massive honour'
Financial leaders from small countries visiting Island
New liquor licence proposed to support private events sector