Gas prices in the Isle of Man are set to rise, with the All Island tariff going up by 6.8p per unit, following continued disruption in the global energy market.

This marks a 190% increase on prices last September when gas was 7.64p per unit,.

The increase will mean the price of natural gas for domestic customers will increase by 43.9% from 15.4377p to 22.2106p per unit on September 1.

Jo Cox, CEO of the Islands Energy Group, parent company of Manx Gas, said: ‘Extreme volatility in the global energy market saw commodity costs spiral to unprecedented levels last winter and recent supply reduction and disruption by Russia have pushed them higher again. We understand that tariff increases are incredibly difficult for our customers to manage but, given the increase in the price of energy on wholesale markets, they unfortunately cannot be avoided.

‘We take our duty of care to our customers very seriously, recognising that the increase in gas, oil and electricity prices will be causing people genuine worry. We will continue to offer payment plans, where customers can spread the cost of their winter bills across the whole year, and we will make specific provisions for those who require extra support.

‘Vulnerable customers can register on our Priority Care scheme, and we will assist them with safety checks, prioritising call outs and energy-saving advice. We can also assist them with identifying other forms of support that may be available for them. Customers can register for Priority Care by calling our team on 644444.’

Manx Gas will only apply the increase on gas used after 1st September. If customers’ bills cover periods before and after 1st September, they will get charged the current rate up to 31st August and the new rate from 1st September. Manx Gas calculates this by assuming that customers use the same amount of gas each day the bill covers.

For customers that want to provide a meter reading, this can be done online at www.manxgas.com or by calling Manx Gas customer service on 644444. Customers may be required to show a photo of the meter reading so it is advised to have this to hand.