I thank the Deputy. First, to correct him, we do not have the most expensive energy prices in Europe. Energy is still too costly and we have got to work on that. It is a priority for Government to bring about changes in that regard. Not all of it is within our control. That is why we need to continue to expand renewables, invest in our grid and drive affordability.
The programme for Government acknowledges the increased energy cost pressures on households and commits to bringing forward measures to contain energy costs and tackle energy poverty. Government has introduced a suite of measures already to help households and businesses deal with the cost of energy. For the record, in budget 2026, we approved an extension of the 9% VAT rate currently applied to gas and electricity until the end of this decade, 31 December 2030, saving households up to €100 on average per annum. In January, the fuel allowance payment increased to €38 per week, equating to an increase of more than 15%. Eligibility for the fuel allowance was also extended to those in receipt of the working family payment. About 460,000 households across the country are receiving those direct support. We extended the €400 income tax disregard for households involved in microgeneration for a further three years to the end of 2028. A record €640 million will support the SEAI residential and community energy upgrade schemes. That is really important because we are driving permanent savings for families through retrofitting. We estimate that savings of up to €1,200 per annum can be achieved through retrofitting homes. We have revised those grants very substantially make them more accessible to households and particularly middle income families. We are going to continue with the warmer homes scheme as well and improve the outputs from it.
I also met our four largest energy suppliers, as the Deputy knows. I asked them to stand up hardship funds which, to be fair to them, they did. We will continue to make sure the resources go to helping those families who need it most. There is more that needs to be done and I will come back on a supplementary.