Prices are currently capped until 31 March next year
Manx Utilities says it can't rule out electricity tariff increases once the current cap on prices lifts early next year.
In August government capped electricity costs on the Isle of Man until 31 March in response to the cost of living crisis.
But uncertainty remains as to how expensive bills could be once that buffer is removed.
Chair Tim Johnston also gave his thoughts on concerns of possible gas shortages which could in turn affect electrical supplies: