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IOM Energy AKA Manx Gas


Major Rushen

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The wholesale price of gas is heading south. So should the price of electricity. 

 

I wonder if the £16,000,000 on 'smart meters' is having an effect. The sooner the MUA spending is brought under proper control and regulation the better I feel for customers. 

 

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15 minutes ago, 0bserver said:

Timmy Johnston must be doing a Timmy Crookall and be getting fed duff information by his officers then.

It's even worse than a million a week, they'd budgeted for a 50 million loss but expect it to hit 76 million (probably where the 26 million figure comes from) source IOM today back in September sorry don't know how to link.

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9 minutes ago, finlo said:

It's even worse than a million a week, they'd budgeted for a 50 million loss but expect it to hit 76 million (probably where the 26 million figure comes from) source IOM today back in September sorry don't know how to link.

Since then the price of gas has dropped and they haven't lost as much as they thought they would.

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7 hours ago, x-in-man said:

Called to audit all customers bills now

Set the timer now for a reminder just before an election to see if it was ever actually done.

 

"North Douglas MHK John Wannenburgh is the chair of the OFT"

Surely it's no coincidence that OFT also stands for "Obnoxious Fat Twat".

  • Haha 4
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On 2/7/2023 at 9:55 PM, 0bserver said:

But MUA claim they haven't touched any of the £16m loan. https://www.iomtoday.co.im/news/mua-has-not-had-to-use-loan-592367

If they were losing money they would have burned through that loan. 

Agree looks like the loan was a load of bollocks really. Never used and now it’s needed as the rates are going up they’ve found something else to spend it on. 

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