The Manx Electricity Authority has this lunchtime announced it's putting its prices up by 2.5% from April 1.
With the 'prompt payment discount' being cut by 0.5% it means the public will effectively pay 3% more for its power from that date.
The MEA says this will add around £21.60 annually to the average domestic bill.
easyJet blames delay on 'failure of runway lighting system'
Passengers waiting on delayed flight
Red weather warning: Everything you need to know
Road closures in place as Island braces for impact
Douglas fireworks will now mark start of festive season
Originally due to take place on Bonfire Night
FC Isle of Man launches women's team
"We want to create opportunities" says club chairman