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:

Ard-Shirveishagh hopes he's given members enough time to consider 'Charter for Change'
Live video streaming 'significant step' in making parliament more accessible
Treasury: 'Challenging to justify support for heating oil customers'
Increase of more than 500 patients for mental health services over last 12 months