Gas prices on Island are set to go down by 16% following a review by the regulator.
From next month, prices will drop from 16.67p per unit to 13.98p, and remain at that rate until the end of the year.
The Communications and Utilities Regulatory Authority says it will continue to monitor the situation and take action in the best interests of customers as needed.
A full breakdown of prices will soon be published by Isle of Man Energy.
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