But admits it doesn't address 'broader issue'
The cabinet office says a £58 rebate for gas customers, in the New Year, will be welcomed despite soaring overall costs.
It follows an agreement between Manx Gas and Manx Utilities which will see the energy company pay £700,000 less each year for infrastructure payments.
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Gas prices rose by 27.5 per cent in October with the increase affecting this month's bills.
Kate Lord-Brennan is the minister:
Court to order election recount
Julie Edge has petitioned the court after alleged irregularities in this year's election and result declaration.
Number of bus services cancelled or at risk today
Bus Vannin blames ‘staffing difficulties’
Charity to connect elderly people with services at event
Age Concern hopes to inform residents about support available
UK Budget measures to help gas consumers not to be replicated here
Isle of Man Energy says it has no plans to remove standing charges