Now Playing

George Michael

Careless Whisper

Gas supplier provides reassurance amid ongoing global market volatility

Picture Credit: Isle of Man Energy

Isle of Man Energy expects any price rise in June to be 'modest'

The Island's gas supplier is contacting customers to provide reassurance on prices amid the ongoing volatility in global energy markets.

Isle of Man Energy has been writing to Manx residents to confirm it has secured the majority of its wholesale gas costs through to the end of 2026, limiting the impact on customer bills.

The Communications and Utilities Regulatory Authority is next due to review gas tariffs in June, with the gas provider stating any price increase is likely to be modest.

Any customers worried about paying their gas bills are urged to contact the company as soon as possible to find a way forward.

More from Isle of Man News