Falling prices make it cheaper for Manx Utilities to use power generated off-Island
The Isle of Man is currently importing around a tenth of its electricity due to falling prices in the UK.
Dr Alex Allinson MHK says in the region of 10% of the power needed is being brought in from across.
The Manx Utilities chairman also revealed smart metres and the installation of electric car charging points have both been delayed by the coronavirus pandemic.
He says the board always reacts to the market:
More than 3,000 jobs added to economy since September 2021
Almost 1,400 in government-run services such as health and education
Review of income thresholds for public sector housing
DOI responds to call from Onchan MHK
Firearms officers deployed to incident near Laxey
No members of the public at risk, say police
A step into the modern era for social security
Secure messaging platform launched
Attempted burglary in Ramsey sparks appeal
'Unknown persons' entered sheds and opened car glovebox
Two Manx high schools told to stop operating CCTV 'inside' toilets
Information Commissioner issues Urgent Enforcement Notices
