The organisation's managing director says he 'completely agrees' with the move
The Managing Director of Isle of Man Energy says he 'completely agrees' with a review by the energy regulator.
It's been confirmed gas prices on the Island will be slashed by almost 25 percent.
The Communications and Utilities Regulatory Authority carried out a review and says 'due to recent price movements, a reduction is warranted'.
The price-cuts will come into effect on 14 November and will be reviewed again on 31 December.
Aidan Baglow also predicted a 'downward trend' in tariffs across next year:
Mountain Road reopens
Patients 'strongly satisfied' with virtual GP pilot
New electrical vehicle training course powers up at UCM
Island to mark the golden anniversary of the Millennium of Tynwald
Onchan Commissioners open 'expressions of interest' for future social housing projects