
The organisation's managing director says he 'completely agrees' with the move
The Managing Director of Isle of Man Energy says he 'completely agrees' with a review by the energy regulator.
It's been confirmed gas prices on the Island will be slashed by almost 25 percent.
The Communications and Utilities Regulatory Authority carried out a review and says 'due to recent price movements, a reduction is warranted'.
The price-cuts will come into effect on 14 November and will be reviewed again on 31 December.
Aidan Baglow also predicted a 'downward trend' in tariffs across next year: