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- Manx Utilities has announced a tariff change that will increase the annual cost of domestic customers using 2,900 kWh per year from £942 to £1,003 from July 20231. This is a reduction from the previously intended 6 pence per unit increase scheduled for 1 July 2023 to 2 pence per unit, due to the fall in wholesale energy prices2. The tariff increase has been split into two instalments of 15% at the Council of Ministers' request3. The increase means an average customer's annual bill could go up by more than £3804.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The tariff change will mean a domestic customer using 2,900 kWh per year will see their annual cost increase from £942 to £1,003 from July 2023 (previously £1,133). This compares to the OFGEM Default Tariff Cap just announced GB average of £1,137. Now, Isle of Man domestic customers' charges will be 10% below the British average price.www.three.fm/news/isle-of-man-news/manx-utilitie…Manx Utilities has announced a reduction in the intended 6 pence per unit increase scheduled for 1 July 2023 to 2 pence per unit, due to the fall in wholesale energy prices.www.energyfm.net/cms/news_story_777207.htmlThe tariff increase by Manx Utilities (MU) has been split into two instalments of 15% at the Council of Ministers' request, to allow time to assess the impact, he told the House of Keys.www.bbc.co.uk/news/world-europe-isle-of-man-608…Electricity bills on the Isle of Man are set to rise by 51% on average, Manx Utilities (MU) has announced. The increase will by applied in two stages, in April and in July, following a six-month price freeze. It means an average customer's annual bill could go up by more than £380.www.bbc.co.uk/news/world-europe-isle-of-man-648…
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