Thousands of households across the country will get an extra €100 one-off-payment next month, Finance Minister Paschal Donohoe has confirmed.
The fuel allowance is being extended as part of the Government’s plans to help struggling households with inflation.
And on Wednesday, Minister Donohoe confirmed over 370,000 households will get the lump sum in the “middle of May.”
Read more: VAT on gas and electricity to be cut from 13.5% to 9% for six months in bid to reduce customer bills
The Government has also announced a new cost-of-living package that will see households save around €50 on an annual gas bill and €70 on an annual electricity bill.
The temporary cut in VAT on fuel bills from 13.5% to 9% will begin on May 1 and last until 31 October.
The Public Service Obligation Levy, which goes towards creating sustainable energy, will be set to zero by October 2022, a saving of almost €60 per year for households.
The Government has moved to bring forward more financial support as energy prices continue to soar and to offset the increase in the carbon tax which is set to go ahead next month.
The carbon tax increase will add €16.85 to an annual gas bill, and €21.56 to a fill of home heating oil.
Speaking to reporters at Dublin Castle on Wednesday, Green Party leader Eamon Ryan said: "We've always said we won't be able to cover all the costs that are out there, because of international factors, but I think if you compare Ireland with other European countries, I think our level of supports are at the very top end of what countries are doing.”
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