Manx Gas customers will be hit with a 3.5 per cent price rise from the end of next week.
Standing charges are due to go up by the same percentage, too.
It means the average bill will go up by around £27 a year.
The firm's commercial director, John Davies, says it can no longer absorb rising global energy costs:
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Police working to 'understand full circumstances' around prisoner's death
Taylor Jake Murphy found dead at Isle of Man Prison
Peel hotel applies to become HMO instead
Planning application submitted by owners of the Waldick
Afternoon Liverpool sailings cancelled
Due to forecast adverse weather
New MHKs need to learn to balance constituency and national issues
But former chief minister thinks pay structure needs a re-think
