The firm says it's due to a 10% profit margin not being met
The Chief Executive of Manx Gas, Jo Cox, says any imminent price rise is out of their hands.
The energy supplier's asking the Island's regulator to increase tariffs for the second time in recent months due to continuing high global costs.
Around twenty-thousand customers bills were recently hit by a hike of twenty-seven and a half per cent.
Mrs Cox says Manx Gas is currently running at a loss.
"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
NI fund exhaustion date moves closer
Date by which fund could run dry now 2045/46
Douglas Council says new youth council will give youngsters a 'stronger voice' in local politics
Leader Devon Watson hopes the opportunity could lead to new members
Autism acceptance: 'Island has come far, but there's still a way to go'
People living with the condition say more can be done to support adults
