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“The extreme volatility witnessed in the worldwide energy markets has resulted in continuing instability in pricing. In the summer we saw steep rises in commodity costs, which led to a price increase in September. However, since the middle of that month, the price has fallen significantly. I’m delighted to say that Isle of Man Energy can, as I promised, decrease the price of gas. We have provided our accounts to CURA who are content for us to proceed with a drop in our tariff. This is great news for our customers in the Isle of Man where we know that people are very concerned about coping with the cost of living this winter and to be able to have lower heating costs is welcome news”, said Jo Cox, CEO of the Islands Energy Group, parent company of Isle of Man Energy. 

 

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