Manx Utilities says the price of electricity will go up by 1.5 per cent next month.
On Facebook, the organisation says tariffs will rise by less than half the Island's rate of inflation, while water and wastewater charges will rise by 2.9 per cent.
The changes will come into effect on Wednesday, April 1.
Manx Utilities says the low rise will help reduce the impact of power costs on households and businesses.
Council rapped over answer to Nurses' Home FOI request
Local authority rejects funding mobile library
Homestay registration deadline looming
Keys hears safety record of Ballasalla to St Mark's Road
Applications open for Tynwald Day stalls
Sugar tax to rise by more than 7%
Weekend bus strike from tomorrow
Independent health inspection within 12 months, says minister