Price of electricity to rise

Douglas power station

Douglas power station

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The Manx Electrity Authority today announced that it is to increase its charges.

From April 1, tariffs will increase by 2.5 per cent, and the ‘prompt payment discount’ will reduce from 2.5 per cent to 2 per cent.

The MEA blamed ‘rising fuel costs over recent periods’ and as part of the government’s budget rebalancing programme for the rise.

More on this story in tomorrow’s Manx Independent

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