Chair says markets are still 'volatile'
Manx Utilities says it cannot guarantee it won’t need to borrow more money to support energy customers.
Electricity prices on the Island are currently capped until the end of March next year.
Speaking to a Tynwald Economic Review Committee today the chairman described the markets as ‘volatile’.
Tim Johnston said despite the global price of gas coming down substantially it’s impossible to be certain of future movements:
DoI has 'really big' issues to address at Island's airport
Work ongoing to build operational resilience
Ramsey MHK Alex Allinson won't be seeking re-election
Former treasury minister thanks constituents for trust and support after 10 years in House of Keys
No injuries in light aircraft accident at Ronaldsway
Emergency teams responded to incident yesterday afternoon
Peel RNLI rescues two paddleboarders
Those taking part in water activities urge to follow safety advice
