The average electricity bill has gone up by €480 in the year to August, while the average gas bill has gone up by €410, according to new figures from the Commission for the Regulation of Utilities.

In August, the average electricity bill was €1,600 a year while the average gas bill was €1,380.

In August 2021, the average electricity bill was €1,120 a year while the average gas bill was €970.

That means the average increase in electricity bills was 43% while the average increase in gas bills was 42%.

The CRU does not have figures for dual fuel bundled accounts, which normally include certain discounts.

These latest figures do not include the recently announced price increases from energy companies which take effect from 1 October.

The increases range from 27% to 45% increases in the price of electricity and between 37.5% and 46.3% increases in the price of gas, depending on supplier.