It comes as a survey shows more than half of people say their costs are up significantly.
Rising food, energy and health insurance prices are costing the average household close to €2,000 extra a year.
A survey shows more than half of people say their costs are up significantly.
The average increase in bills per household so far this year has worked out at €165 a month, according to the research by iReach, reported in the Irish Independent.
83% of people surveyed say they're under pressure as a result of rising prices, with more than a third saying the pressure has significantly increased.
As well as this, Ireland's electricity prices are the highest in the EU.
Eurostat figures show we're paying 40% above the EU average, meaning Irish households are paying around €480 more per year.
However, gas prices here are slightly below the average across EU member states, coming in at the 8th most expensive.
It comes as the Energy Minister will update Cabinet colleagues today on the National Energy Affordability Taskforce.
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