Gas price to rise by 39% and Electric by 27% in April.

I can see a lot having to pay bills by instalments that they might have paid in one go previously and availing of the level pay type options that some utility providers offer. The likes of the €200 credit due in April will hopefully take some of the pressure off people but I fear with the other inflationary pressures it may only be a drop in the ocean.

I don’t have one because the new building is classed as an extension. It’s linked to an older building by a corridor.

I am fecking raging I didn't spend the extra to get a back boiler stove when I was doing up the house.

Energia are leapfrogging now again.

The whole thing is kind of like a reverse Laurel and Hardy where the owners of these companies with their black suits, dickiebows, ridiculous looking moustaches and cigars make eejits out of the audience for their own amusement.

Just got our latest electricity bill and got a shock at how much it's increased. I know its been flagged for the last few months but still....

We have oil heating and got 500lts a few weeks ago and it was 800+ and last year a whole tank was around that price. Also noticed the shopping and petrol going up every week. Time to start cutting back on stuff wherever possible I think.

We've had a long run of stable prices and should be thankful for that I suppose but it seems to be everything

Think you're right and the extra carbon taxes coming in may and october wont help. There was something on the news earlier about the cost of housing gone up 14% around the country. How are people expected to save to buy a place to live anymore or pay the crazy rents. We're lucky we were able to buy years ago, we'd really struggle to pay the huge rents and save a deposit now. Something needs to change.

it,ll get worse oil prices are going up,energy prices effect all production, we might be going for a recession, as people slow down on buying luzury goods, like expensive phones, game consoles ,brand name clothing, we,ll be spending more on energy,petrol, oil, we have been in a long period of low inflation ,low interest rates for years, the only thing going up in price every year was property, i dont know how people can save up a deposit, unless they can live with their family avoid paying rent .its like running in a race, you run at 15mph, if the person in front runs at 25mph ,you,,ll never be able to catch up

I'm in the same boat, my bill is due on the 1st April, they take the direct debit on the 15th, if the credit appears between those 2 dates i'm going to ring up and ask that they take it off, they might not, might say it's too late, but no harm in asking.

It's 2.5 years away and much of this will have passed by then. You seem to assume that the Opposition have huge stashes of fairy dust to magic all of this away!

The powers that be still aren't understanding what uncontrollable energy prices does to the economy/inflation. It's a double edged sword, if they don't cap prices or drastically reduce tax, the VAT receipts will plummet from lack of consumer spending, jobs will go adding to social welfare bill.

Sadly, they lost it and must embark on a quest to seek it out once more!

Glad to see you have a crystal ball. Any chance of the winning lotto numbers?

If you have a mortgage payment of 1000 or more you already are.

Any middle income worker on less than 65K PA paying a mortgage of a thousand a month or paying college costs for their children is worse off.

They wheeled out a price-hike cart not so long ago so hopefully it will take them a while to prepare a new one.

The guys who own these companies all probably play golf at the same club and attend the same conferences so they're not going to eat each other's lunch

The fact the current government gave out a blanket invite to an unknown number of refugees with no plan on where to put them or how it will impact current services is what people will remember. It’s the current government that are responsible for the result of this. Interest rates going up will impact government borrowing too, that means less money coming in on top of the tax take falling on top of fuel and food price increases with inflation.

I have a bad feeling that once these prices are in their in. Why would a company want to reduce the amount of profit it can make once they have an excuse to bring it in. Insurance is still high even with all the changes made for that industry.

You take in a manageable amount, the government has no cap so any number could arrive. Zero planning on where to put them, talk of new builds when the construction sector is saying it’s not profitable so they are not doing it. No plan on the impact on education or the health sector just the parrot message of no limit.

Interest rates have to go up to fight inflation, if you don’t do it then you get hyper inflation. Europe will push it soon enough, the US have already started. This is separate from the energy and commodities price increase.

Printing money is never free eventually you devalue the existing supply, this is also a result of printing money for COVID not just the situation in Ukraine.