He cited examples of consumers getting bills of between £900 and £21,000.
Mr Houghton said in some cases the monies could have been withdrawn from people's bank accounts a direct abuse of the Direct Debit system, the paper states.
Manx Electricity Authority chairman Quintin Gill apologised for the mistake and said the bill was the result of an input error and the money was not taken from the customer's account.
In a letter to Mr Houghton, Gill said he would investigate the other incidents brought up by Mr Houghton.
Meanwhile, domestic gas and energy prices in Ireland are expected to fall in the coming months after a review of tariffs.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.