On Air Daybreak Kim Quine | 6:00am - 9:30am

Government produces average energy costs figure

Customers expected to spend £2,840 per year

The average domestic energy bill for householders in the Isle of Man will be £2,840 a year.

That's according to the Treasury - the figure compares with the predicted UK average of £3,549 after the raising of the energy price cap.

It's based its calculations around the current prices for electricity and gas - it follows the decision to freeze electricity charges at current levels until March next year.

It's stated that the average Manx household will spend £70 per month on electricity across a whole year - taking in seasonal variations. 

The calculation is based on a unit price of 22 pence which adds up to £840 per year.

When it comes to gas the average annual bill will be £2,000 based on pricing which comes into effect on 1 September.

The figures produced by Treasury do not include costs for solid fuel use.

More from Isle of Man News