Costs to increase by 27.5% following Tynwald vote
Manx Gas' parent company says there was no alternative to proposing significant gas price rises on the Isle of Man.
Yesterday (19 October) Tynwald approved a motion which will see prices increase by 27.5%.
Islands Energy Group says it would 'absolutely' commit to bringing rates down again if the market stabilises.
It's CEO, Jo Cox, was asked what other options were considered instead:
IOM Government welcomes temporary ceasefire in the Middle East
Continues to 'closely monitor' developments
Chris Thomas MHK confirms intention run for re-election
Treasury Minister to stand again in Douglas Central
'Bad Sisters' star joins TT film cast, say reports
Eve Hewson set to appear alongside Channing Tatum
"When you're delivering healthcare on an island, your costs are going to be higher"
CEO discusses 'economies of scale' while minister issues warning to Public Accounts Committee
A3 road closed near South Barrule plantation
Police say route is likely to be closed for several hours