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MEA Tariff Update 1 August 2008

The MEA has today released an update of electricity charges that will apply from 1 September 2008 for domestic and commercial customers. As agreed in Tynwald in June 2005, an increase of 16.32% is now due to be applied to all unit charges which comprises of Inflation (as at June 2008) plus 2.0%, in addition to a fuel cost adjustment of 1p per unit.

Chairman, Quintin Gill MHK said, “No one can be surprised at the requirement to increase the tariffs during these unprecedented times of global fuel increases. We are always mindful that we have a duty to provide electricity and we are very aware of the burden this price increase may place on our customers; we will continue with our work to maintain the most efficient service possible in the challenging times ahead.”

Mr Gill further commented, “It is unavoidable that we see our Island being placed under pressure to raise its energy prices due to extreme global fuel bills however, I would like to re-emphasise that the Authority will continue to apply and reap the benefits of the MEA’s fuel hedging policy.”

The new tariffs can be found by selecting the following the link: Statutory Tariff Notice

For further information, please contact:

Shona Dugdale,
Manx Electricity Authority,
Tel: 687798 Email:

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