Island Energy: No plans to remove gas standing charge
Summary
Island Energy said it has no plans to remove the standing charge from gas bills in the Isle of Man. The company said shifting the fixed daily fee into the price per unit of gas could lower bills for low-use customers but raise them for customers who use more.Key Facts
- The UK Autumn Budget announced the removal of household gas standing charges in England, Scotland and Wales, with the costs added to unit rates.
- Island Energy said any change to its charging structure would require consultation with the Isle of Man regulator, CURA.
- Island Energy said changes would need clear support from the community, regulator and government.
- Islands Energy Group supplies energy in Guernsey, Jersey and the Isle of Man and serves about 40,000 domestic, commercial and industrial customers.
- Isle of Man Treasury Minister Michael Crowe said his department was reviewing the implications of the UK measures ahead of the island’s February 2027 budget.
- The Isle of Man will extend the zero VAT rate on domestic electricity until 30 June 2027.
- The island will continue a 5p-per-litre fuel duty cut and extend a reduced duty rate for red diesel until 30 June 2027.
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