Consumers could be in line for a cut in energy prices this year due a fall in wholesale gas costs.
Energy experts said a decrease in wholesale costs, strong supplies of liquefied natural gas and a relatively mild winter across Europe meant there would be scope for lower domestic electricity and gas prices.
A recent report revealed that Irish households pay around €360 more a year for electricity than the average across the EU. Meanwhile, no energy credits have been paid here this year.
Daragh Cassidy, of price comparison site Bonkers.ie, said there had been a slow but steady fall in the wholesale price of gas over the past few months.
Daragh joined us on The Agenda this morning to talk to us some more about this.