CURA reduces gas prices for households

 It will take effect from 1 January

Isle of Man residents will be paying 13.8 percent less for gas in the new year. 

The Communications and Utilities Regulatory Authority has confirmed new tariffs for regulated tariff customers will take effect from 1 January. 

It follows a review into Isle of Man Energy by CURA which took into account commodity price and demand assumptions and forward prices for 2025.

The changes will mean the cost decreases from 11.33p per unit to 9.76p. 

Another review has been planned for June next year. 

You can find the full statement HERE.