Manx Gas announces price rise - 07/02/2011
Householders on the Isle of Man may wish to switch gas supplier after the island's main power company announced a price rise.
According to the BBC, energy supplier Manx Gas is to put up natural gas by 53 pence per unit and liquid petroleum gas will incur an extra 1.15 pence per unit.
The changes are set to come into effect from February 17th after the company blamed increasing global gas prices as the reason for the hike.
Tony Nicholls, managing director of Manx Gas, told the broadcaster: "We will continue to review wholesale prices throughout the coming months to ensure all tariffs reflect prices on the energy markets, both downward and upward movements are possible as the market forecasts do not always prove accurate."
Some 24,000 natural gas customers could be affected by the rise, while 8,000 liquid petroleum gas users will have to pay more soon.
The news comes after EDF Energy upped its prices for domestic cheap energy consumers.
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