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Gas customers warned another price hike could be on horizon

IEG says it could be higher than last 27.5% hike

Gas customers on the Isle of Man are being warned they could face another price hike – as energy bills soar in the UK. 

The Islands Energy Group – which owns Manx Gas – has told Manx Radio it could be more than the 27.5 per cent increase approved in October

The company is under obligation to provide its accounts, every three months, to the Communications and Utilities Regulatory Authority for assessment.

Jo Cox is the chief executive of IEG:

IEG says the issue is likely to go to the March sitting of Tynwald for discussion.
 

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