The outgoing chairman of the Manx Electricity Authority says the body’s fortunes have turned around – even though it will take more than 20 years for it to pay off its debt.
Howard Quayle last week announced a three per cent rise in power costs following three years of price freezes imposed by government.
While there remains some unhappiness at the increase, which comes into effect next month, Mr Quayle says the forthcoming merger with the Water Authority will create an even stronger base to work from.
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Former MHK accuses chief minister of 'belittling and demeaning Tynwald' over Assisted Dying Bill
Medical Staff Committee claims vote of no confidence led to leadership changes at Manx Care
Electronic payment cards and vouchers among alternatives to MiCard under consideration
Tuesday sailings changed due to Manxman maintenance
47 buildings in the south waiting for protected status assessment since 2013