NEW RESEARCH FROM Eurostat last week revealed that Ireland has the highest electricity prices in the EU, with Irish households paying around €480 a year more compared to the bloc’s average. 

It came days after pay-as-you-go provider PrepayPower announced it will increase its electricity costs by 8.8% and its gas price by 10.6% from June.  

Amid the ongoing cost-of-living crisis, opposition parties have continued to call on the government to introduce an emergency mini budget to provide some relief for households. But Tánaiste and Finance Minister Simon Harris has ruled this out. 

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