Households will see their energy bills fall 'significantly' in first half of year

Energy Minister Eamon Ryan has said that reductions in wholesale gas prices will lead to further cuts in home energy costs early in 2024.

Taoiseach Leo Varadkar has encouraged energy companies to begin reducing prices, as Eamon Ryan expects household bills to fall “significantly” next year.

A reduction in wholesale gas prices has led Mr Ryan to expect further cuts to home energy costs early next year.