Isle of Man Energy MD discusses price review
The managing director of Isle of Man Energy says the company would like to see gas prices drop even further.
Tariffs have fallen by 16 per cent today following a review by the Isle of Man's energy regulator (CURA).
Prices have been adjusted to 13.98-pence per unit, with more reviews planned for later this year.
However, Aidan Baglow says wholesale prices are sometimes up to seven times higher than 'normal', and warns there's still volatility in the market:
Government plans to withdraw interest from reserve fund no longer required
Medical cannabis should be 'holistic', says pharmacistÂ
Peel Commissioners not adding 'discretionary' one percent increase to social housing rents