Isle of Man: Gas market price controls planned by regulator
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Manx Gas rebate could be lower than expected warns Harmer Minister says government is upholding its agreement
Tynwald will be asked to back temporary price freezes for Manx Gas customers, next month, whilst tariffs are reviewed.
The Communications and Utilities Regulatory Authority is now responsible for the regulation of Manx Gas – after plans for voluntary regulation were scrapped.
As part of the process customers were told they could expect a rebate of around £93.
Policy and Reform Minister Ray Harmer says government is sticking to its end of the deal but warned the amount refunded could be lower: