MUA pricing review to be completed by end of the year

Any changes would come in from April 2025

Manx Utilities is expected to complete its five-year review of pricing structures across its utility services by the end of the year.

Any changes would then be introduced from 1 April next year.

Meanwhile it's been announced that the UK energy price cap will be raised from 1 October. 

The change will add 10 percent to energy bills for consumers there meaning an average household will pay around £1,717 a year for gas and electric.

MU's last review took place in 2018. 

Under normal circumstances the next one should have been last year but a decision was made to delay the process to give volatile wholesale gas prices time to stabilise.