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Thu, 29 Oct 2026

Thu, 29 Oct 2026 Island Energy: No plans to remove gas standing charge

The provider said any change would need support from the community, the regulator and government.

* Island Energy Group, which supplies energy to households on the Isle of Man, has no plans to change its charging structure despite the UK's Autumn Budget announcement to remove standing charges.
* The company stated that any proposed changes would be subject to consultation with the Communications and Utilities Regulatory Authority (CURA) on the island.
* Removing standing charges may benefit some customers but could see others pay more, as the cost currently covered by the standing charge would instead be recovered through the unit price of energy.
* The Isle of Man Government will extend the reduction in VAT rate on domestic electricity supplies from 5% to 0% until 30 June 2027.
* The island will also continue to apply the cut in fuel duty, by 5p per litre, and reduce the duty rate for red diesel, introduced in June, until 30 June 2027.