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:
Motorhome owners served with warning notices
DoI defends position on vehicles on Douglas Promenade
Petition calls for pets to be recognised as beings, not property
Over 400 signatures already gathered for Vin's Law
Seventh election candidate to stand in Douglas Central
Sharon Lee Bridgens is the Change party's fourth member to stand
Daytime Mountain Course closure as MGP and Classic TT qualifying continues
UPDATE: Further 1-hour delay to today's qualifying
