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CURA begins review of gas prices

Regulator's mid-year review of Isle of Man Energy tariffs to focus on commodity prices

The Island's gas regulator is carrying out a review into Isle of Man Energy's prices.

The Communications and Utilities Regulatory Authority has announced its requested information from the Island's gas supplier to carry out its mid-year review into the company's tariffs.

CURA says the review will concentrate on the impact on commodity prices, including looking into forward purchasing of gas.

The authority will speak to Isle of Man Energy and other stakeholders as part of the review, and will aim to publish the outcome as soon as possible.

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