The Manx Utilities Authority says it made an operating surplus of more than £26 million last year.
Its annual report for 2020/21 is on the agenda during this month's Tynwald sitting.
In the document, the MUA says it sold £2.5 million less electricity over the 12 months because of the coronavirus lockdown periods.
But selling £3.8 million worth of power to the UK meant it could cut electricity prices by more than a penny per unit on the Island.
Wasps going on in Pulrose
People are being warned to steer clear of a giant swarm of wasps in Douglas.
Port Erin Tesco opens on Thursday
A supermarket in Port Erin will reopen under its new owners this week.
Deal Or No Deal presenter on the Island
Former radio and TV presenter Noel Edmonds has been spotted on the Island.
Commissioners ‘lamppost gate’ complaint maladministration
The Tynwald Commissioner for Administration has ruled Ramsey Commissioners taking too long to reply to a complaint as ‘maladministration’.
Mobile library adds Laxey to its route map
A new stop has been added to a mobile library's bus route.
Cosmo fundraiser hits £1,000 target
A fundraiser in memory of one of the Island's most famous cats has hit its target.
Burst water main closes street
A burst water main has shut a street in Peel today.
Local artist's works featured on new stamp set
Isle of Man Post Office will issue six stamps based on a Manx artist's work.
