The firm says it's due to a 10% profit margin not being met
The Chief Executive of Manx Gas, Jo Cox, says any imminent price rise is out of their hands.
The energy supplier's asking the Island's regulator to increase tariffs for the second time in recent months due to continuing high global costs.
Around twenty-thousand customers bills were recently hit by a hike of twenty-seven and a half per cent.
Mrs Cox says Manx Gas is currently running at a loss.
Wind farm debate to continue before committee
Meeting held on Monday garnered mixed opinions
Call for compensation scheme for workers who become ill after contact with asbestos
The legislation would mirror a scheme operating in the UK
Manx WWII veteran hopeful King will 'treasure' Island visit for the rest of his life
James Fenton met Charles III on his first visit as Lord of Mann
Port Erin Commissioners says standards of initial hiring process for new clerk 'fell short'
Chair Hannah Mackenzie says repeating procedure in best interests of residents