Looking at the components of the flash HICP for Ireland in July 2025, energy prices are estimated to have grown by 1.5 per cent in the month and fallen by 0.3 per cent over the 12 months to July 2025.

Last year, Ireland introduced legislation giving effect to an EU regulation on emergency intervention to address high energy prices

The reduced rate will apply for new customers from Monday

Energy prices fell by 6.3 per cent in the year to February

Customers to benefit from 7.5% reduction in electricity and 5% in gas from March 1st

Bord Gáis Energy is cutting its unit rate of electricity by 10 per cent and its gas by 9.5 per cent from February 29th.

The Green Party leader said that investing in green energy capital projects was ‘a hell of a lot cheaper than relying on imported fossil fuels’