Chair says markets are still 'volatile'
Manx Utilities says it cannot guarantee it won’t need to borrow more money to support energy customers.
Electricity prices on the Island are currently capped until the end of March next year.
Speaking to a Tynwald Economic Review Committee today the chairman described the markets as ‘volatile’.
Tim Johnston said despite the global price of gas coming down substantially it’s impossible to be certain of future movements:
Drug and alcohol charity sees drop off in donations
Motiv8 cites closures of local gaming businesses
Douglas Council rules out rent-to-buy scheme
The suggestion was made following an announcement the authority would sell some of its housing stock
Public Health warns D&V is circulating on the Island
It's issued advice for those experiencing symptoms
Improvements being made as part of ongoing RDCH work
A pest control issue is currently being
Postal services to USA still suspended
IOM Post Office hopes it'll be reinstated in the new year