Gas prices to rise

Gas prices on the Island are to rise.

Manx Gas is increasing its tariffs from August 16th.

The  company says it is in response to the continuing pressures on wholesale prices in the global energy market.

All natural gas tariffs will rise by 3.5 per cent - which will cost the average consumer an additional £25 per year.

The last price increase, outside the annual tariff review, happened in January when Manx Gas established an all Island central heating tariff. 

Following this around one third of customers benefited from a reduction of around 30 per cent.