Latest News Headlines
On-Air Now
Listen Live
Facebook

Govt buying more time to work on financial solutions for MEA

Fri, 29 Jul 2011


It's hoped a financial support package put together for the MEA will buy some time while the long-term solutions are worked on.

It was announced yesterday that £14.5m of support will be given to the Manx Electricity Authority in the form of loan interest charge relief and capital advances.

If it gets Tynwald approval at budget time, it would protect households and businesses from 10% price hikes which are expected over the next two years.

 


Bookmark and Share

 

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed