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Manx Gas MEGA Price Rise


James Blonde

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Jeezus, how many millions would that cost him?

Someone else is responsible to get the water to the edge of your property ( and the loop under your wall?), after that to get it into your property, does the 750mm still apply? as long as it is not somewhere you are going to dig your spuds in? ( Not to mention your Herring pond Derek.).

I think that you can ask for the lead to be removed back to the mains, free, then up to you to get it into your house?

Edited by Kopek
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2 minutes ago, A fool and his money..... said:

In which case they don't operate in a monopoly and so have to be competitive.

You can run a monopoly, and still not be allowed to set your own prices.  Just ask Manx Gas.

They would have put their prices up far more than they have far earlier than they did if they had been allowed.

This is a bit like people saying steam packet fares should be lower without realising that they are bound to do certain things by government that if they could ditch would result in lower passenger fares

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9 minutes ago, Trevor535 said:

You can run a monopoly, and still not be allowed to set your own prices.  Just ask Manx Gas.

They would have put their prices up far more than they have far earlier than they did if they had been allowed.

This is a bit like people saying steam packet fares should be lower without realising that they are bound to do certain things by government that if they could ditch would result in lower passenger fares

That's true, but the government has decided that the restrictions placed on the a monopoly are what's best for the people of the island, that's what they are elected to do.

If MG were still allowed to charge as much as they like we'd all be paying too much for gas. If the Steam Packet were allowed to decide their own schedule we'd probably have next to no passenger sailings in November or January for example.

ETA I'd rather have the government, who in theory at least have our best interests at heart, decide fair service standards and pricing, than a private company who has the best interests of their shareholders at heart.

Edited by A fool and his money.....
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For what it's worth; Royal Dutch Shell just announce record profits, largely driven by gas prices, prompting calls for a windfall tax by campaigners who claim that consumer's gas prices are set to double between April 2021 and April 2022 (Sky News).

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3 hours ago, Non-Believer said:

For what it's worth; Royal Dutch Shell just announce record profits, largely driven by gas prices, prompting calls for a windfall tax by campaigners who claim that consumer's gas prices are set to double between April 2021 and April 2022 (Sky News).

The profits on gas & oil are being generated by those multinationals who extract it & refine it not by companies buying it like the electricity & gas suppliers in UK & IOM which is why the latter are going bust

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4 hours ago, Non-Believer said:

For what it's worth; Royal Dutch Shell just announce record profits, largely driven by gas prices, prompting calls for a windfall tax by campaigners who claim that consumer's gas prices are set to double between April 2021 and April 2022 (Sky News).


Closely followed by industry statement saying windfall taxes will adversely effect their competitiveness in the market place!

Anyway here is a claim that container sized nuclear plants will produce the lowest cost energy of all:

https://bit.ly/3f0VoGQ

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14 minutes ago, Banker said:

The profits on gas & oil are being generated by those multinationals who extract it & refine it not by companies buying it like the electricity & gas suppliers in UK & IOM which is why the latter are going bust

But they're not going bust on the IoM, that's the point. Why in God's name the Government would want to prevent them from going bust is a mystery to me.

They should have refused their initial increase and then offered to buy them for next to nothing, the offer would be taken up sooner or later and we'd finally be rid of the blood sucking, profiteering bastards. Yes energy prices would still be on the up, but would be based on what that energy costs rather than what profit MG has decided to make this year.

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I have visions of Ms Cox being called before the MG/Ancala Board and being asked to explain her failure to have the last rise in charges approved and implemented. Like something out of SPECTRE in James Bond... 😂

And told to try again under pain of something nasty and terminal.

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It's more what the government hasn't done when it comes to developing our own renewable energy generation capacity (just under 30% of global electricity generation by the end of 2020)

Now a sizeable chunk of the island's population is dependent on very expensive natural gas to heat their homes

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