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All the latest energy, telecoms and money news to keep you informed and on top of your finances.
Fuel Allowance rises by €5 and extends to Working Family Payment recipients
07/10/2025: Ireland’s Budget 2026 confirmed the end of the widespread energy credits, shifting government focus from universal one-off cost of living payments to targeted, permanent welfare supports.
Those in receipt of the Fuel Allowance payment will see a weekly €5 increase, and there’s been a further expansion of eligibility to include those eligible for Working Family Payment, which will aid more families with winter heating costs.
The 9% reduced VAT rate on gas and electricity has been extended to 2030, providing continued relief for households facing high energy bills.
Electric Ireland, Yuno and Prepay Power commit to winter price freeze
03/10/2025: Yuno Energy has announced a freeze on electricity and gas prices for the winter months, protecting its 65,000 customers from rising energy costs.
Last month, Electric Ireland froze electricity prices for its 1.1 million customers for the winter and reduced gas prices by 4%, while PrepayPower also froze electricity and gas prices for its 240,000 customers.
Yuno said the winter price freeze could save new customers up to €945 a year if they switch both electricity and gas, based on average usage.
With universal energy credits ruled out this year, experts are urging households to shop around to avoid higher bills, as some suppliers are increasing rates by up to 13.5%.
SSE Airtricity to raise electricity prices by 9.5% from October
19/09/2025: SSE Airtricity has announced a price increase for its standard, variable electricity tariffs starting from the 20th of October, 2025.
Unit rates and standing charges will rise by 9.5%, following increases in network and system operator charges, ongoing wholesale volatility, and higher operational costs.
The change will see a typical customer’s annual electricity bill increase by around €151 - or approximately €11.50 per month. Domestic gas prices are unaffected.
SSE Airtricity said it remains competitive despite the increase and encourages customers concerned about costs to explore its payment plans, smart tariffs, and home energy upgrade offers.
PTSB slashes personal loan interest rates by up to 4.9%
17/09/2025: PTSB has overhauled its personal loan offering, cutting interest rates by up to 4.9% and simplifying its pricing structure to just three loan bands.
From today, loans between €1,500 and €10,000 will carry an interest rate of 8.50%, down from 13.40% on smaller loan amounts. Loans between €10,000 and €24,999 will now be priced at 6.99%, while loans of €25,000 or more will carry a rate of 5.99%.
The new rates are available to both new and existing PTSB customers. The bank has also rolled out an ‘Affordability Calculator’ to give applicants an indicative loan amount at the start of the process.
Existing customers can apply online via Open24.ie or through the PTSB mobile app, with real-time decisioning and instant transfers to PTSB accounts once approved.
Pinergy to increase electricity prices from October
12/09/2025: Pinergy customers will see higher electricity bills this autumn, with the supplier’s electricity prices increasing by 9.83% from 13 October 2025.
The increase follows three price reductions since 2023, and will add about €199 a year to a typical household bill. Standing charges remain unchanged.
Pinergy said the increase reflects higher system operator and network charges and ongoing volatility in wholesale energy costs.
Consumers are being urged to review their usage and compare tariffs as price hikes are announced across the board.
Bord Gáis Energy announces first electricity price rise in three years
12/09/2025: Bord Gáis Energy will raise electricity prices for residential customers from 12 October 2025, marking its first increase in three years.
Electricity unit rates will rise by 13.5% while standing charges will increase by 12%, adding an average of €18.16 per month - about €218 a year - to a typical household’s bill. Dual fuel customers will see an average increase of 6.6%.
The company cited increased network costs, higher wholesale prices, and greater business costs as key factors behind the move.
Prices for the supplier’s 270,000 gas customers remain unchanged.
Electric Ireland cuts gas prices by 4% from November
10/09/2025: Electric Ireland is reducing gas prices by 4% for 140,000 customers starting 1 November, saving the average household €57.56 annually.
This follows several previous price cuts since 2023 for both gas and electricity. The company’s 1.1 million electricity customers will not face a price increase.
This relief for Electric Ireland customers comes as other energy suppliers have recently raised tariffs.
Energia increases electricity bills by 12% from October
09/09/2025: Energia will increase electricity prices by up to 12.1% from 9 October, adding over €200 to annual bills for many customers.
Standard tariffs will rise 10.9% (€205 a year) while Smart Meter plans will see the biggest jump at 12.1% (€193). Dual fuel customers will pay about 6% more (€204).
The CRU has warned that more households could fall into arrears this winter as government energy credits end, urging consumers to compare tariffs and switch to cheaper deals.
National Broadband Ireland (NBI) launching 5Gb service from October 2025
2/09/2025: National Broadband Ireland (NBI), the company behind the National Broadband Plan (NBP), is launching a new 5Gbps broadband service in rural Ireland, with some homes benefiting from the rollout as early as October 2025.
This upgrade is a huge boost for the NBP, which is already providing some of Ireland’s fastest internet speeds, ranging from 500Mbps to 2Gbps across some of Ireland.
The new 5 Gigabit service will more than double the current top speed and provide communities in the NBP rollout area with some of the fastest broadband globally. This is expected to ramp up economic growth, innovation, and social inclusion in rural areas.
What Budget 2026 means for you
If you’re wondering how this year’s Budget affects your household finances, read our bitesize What Budget 2026 means for you guide or click on our Budget 2026 Index.
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