Regulation of retail energy markets is solely a matter for the Commission for Regulation of Utilities (CRU) since the enactment of the Electricity Regulation Act 1999 and subsequent legislation. However, officials from my Department correspond with the CRU on an ongoing basis to track developments in retail and wholesale energy markets, including arrears levels, among other indicators.
Government is deeply aware and concerned about the pressures placed on households and businesses by high energy costs. That is why, on 12 April, the Government agreed a €500 million package of fuel supports. This was in addition to the initial €250 million in targeted supports announced in March, which was already among the largest (per capita) intervention of any EU Member State. These packages were announced following significant recent engagement with industry representatives.
The initiatives were also in addition to the range of measures in Budget 2026 aimed at helping households with energy costs which included:
• an extension of the 9% VAT rate currently applied to gas and electricity, saving households up to €100 per year;
• enhanced social protection payments, including an increase to the Fuel Allowance rate to €38 per week and an expansion in the eligibility rules; and
• a record allocation of €640 million for the Sustainable Energy Authority of Ireland retrofit schemes.
It is important to note that the Department of Social Protection can also provide support through the Additional Needs Payment to help households meet expenses, including those who face difficulties with fuel bills.
A range of protections are in place for customers experiencing difficulties in paying their bills. Anyone who is struggling with their bill is strongly encouraged to engage with their supplier. Suppliers will not disconnect customers who engage with them.
As Minister, I have engaged with the four biggest energy retailers in recent months to ensure that hardship funds and focused measures are in place for any customers who find themselves in difficulty. I have also recently written to retail electricity and gas suppliers, as well as fuel suppliers, to emphasise the importance of reducing the exposure for Irish consumers from the price shocks that global uncertainty can create.
A cross-Government National Energy Affordability Taskforce (NEAT) was established last June to identify and implement measures to enhance energy affordability for households and businesses. The first report of NEAT, published last November, helped to inform key aspects of Budget 2026. The NEAT is now preparing an Energy Affordability Action Plan that will be completed in Q3 of this year.