Friday, Jul 24, 2026 The claims desk. Receipts included. POWERED BY LENZ ↗
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FINANCE

The Claim

On the Isle of Man, electricity that is priced at about 1.5 pence per kilowatt-hour at the point of production would cost consumers about 6–7 pence per kilowatt-hour.

Verified by Lenz ·

The Short Version

The claim is not supported by Isle of Man pricing evidence. Official Manx Utilities tariffs show consumers paying about 29.1–29.5p/kWh in 2024–2025, far above 6–7p/kWh. No authoritative source provided shows that a 1.5p/kWh production price on the Isle of Man translates into a 6–7p/kWh consumer price, and the stated arithmetic does not match either generic cost-stack models or the island’s real tariff structure.

Caveats

  • The claim omits the actual Isle of Man domestic tariff, which is roughly four to five times higher than the figure stated.
  • The 1.5p/kWh production-cost premise is uncited for the Isle of Man, so the starting number itself is unverified.
  • Generic wholesale-to-retail ratios cannot substitute for Isle of Man tariff data because network, operating, and capital costs materially affect the final price.

The Receipts

  1. INVESTIGATION INTO ENERGY PRICES A REPORT BY THE ...

    Government of the Isle of Man

  2. Domestic tariffs

    Manx Utilities

  3. Tariffs, rates & charges

    Manx Utilities

  4. How is electricity priced?

    National Energy System Operator (NESO)

  5. Quarterly Energy Prices – June 2025

    UK Government (Department for Energy Security and Net Zero)

  6. Comparative Domestic Heating Annual Review January 2021

    Isle of Man Government

  7. Energy price cap and standing charges explained

    Ofgem

  8. Manx Utilities Authority

    Isle of Man Government

  9. Energy price cap unit rates and standing charges

    Ofgem

  10. The Price of Power: Wholesale Market Price Formation, Policy Costs ...

    UK Energy Research Centre

+ 6 more sources — see the full list on Lenz

Filed Under

Isle Of Man

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