The firm says it's due to a 10% profit margin not being met
The Chief Executive of Manx Gas, Jo Cox, says any imminent price rise is out of their hands.
The energy supplier's asking the Island's regulator to increase tariffs for the second time in recent months due to continuing high global costs.
Around twenty-thousand customers bills were recently hit by a hike of twenty-seven and a half per cent.
Mrs Cox says Manx Gas is currently running at a loss.
TT launches sustainability review into Sidecar class
Submissions from competitors and spectators to be considered
Manxman sailing cancelled following late arrival into Douglas
Vessel assisted by tug as she came into harbour
Calls for 'transitional protections' for migrants on five-year immigration path
Campaigner: "The impact here will be very different to the impact in the UK"
'No decisions have been made' over future of Ballabeg Methodist Church
Public gather to discuss future of chapel