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Cost saving measure about to kick in

Householders and businesses in the Isle of Man will pay more for their electricity from the start of next month.

The Manx Electricity Authority is implementing a measure agreed in last year's budget, under which it will no longer rebate the standing charge.

It means the average yearly bill for domestic customers will increase by around £42.

MEA chairman Quintin Gill says these are volatile times, and energy prices are bound to be affected:

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