There's a call for the Energy Regulator to investigate why our electricity costs are way above the European average.
Eurostat figures show that electricity prices here are the 4th most expensive in the EU, with net prices 60% higher than average.
Figures released by Eurostat showed electricity costs in Ireland are €250 more expensive per year than the average price across the EU.
Darragh Cassidy from Bonkers.ie believes the high prices here should be investigated by the Energy Regulator.
"There is a variety of reasons and you do just have to wonder whether a little bit more of an investigation should be done into it because there does seem to be inefficiencies and it's the consumer that pays.
"As you said we are paying an extra €250 more per year and that's on top of the second highest mortgage rates, record rents and high broadband costs as well."
Meanwhile, the reluctance of Irish consumers to switch energy providers is encouraging high prices, according to a finance expert.
That's despite large competition in the market with 12 providers servicing Irish households.
Personal Finance Editor with the Irish Independent Charlie Weston says competition only works when the consumer threatens to make the switch.
"We seem to be stuck with very high prices, despite the fact that we have 12 different suppliers on the market.
"Which is an extraordinarily number given the small size of the country, to have 12 players.
"Maybe it suits them to have high prices because they know a majority of people won't move around and will stick with the same supplier."
An energy expert says just 5 appliances in the household are responsible for 50 per cent of electricity costs.
Consumers are looking to cut down on costs after a recent Eurostat study found electricity prices were 26% higher here than they are on the continent.
There are fears that this gap could grow as the war in Ukraine continues.
Dr Paul Deane of UCC says reducing our dependence on the big items at home could make a real difference.
"We put a lot of effort into plugging out phones, turning off routers and turning off TV's a night.
But actually the big 5 appliances that use electricity are your electric shower, your washing machine, your tumble dryer, you fridge and your dishwasher.
"Showering one minute less per shower, will save about €50 or €60 off your electricity bill."
He also says there's no guarantee the prices will ease as the year goes on.
"Unfortunately in Ireland, we can hope for the best but we should really prepare for the worst.
"Preparing for the worst means that we are ready to face into those sustained high energy prices into the winter.
"What that means for the government is really having a focus on the vulnerable such as the elderly, the sick and the young, making sure they are protected financially as much as possible."
