November brings a few key money changes for Irish households, from new taxes to price cuts, as the cost of living squeeze continues in the lead up to Christmas.
Couple checking bills (stock image)(Image: Getty Images/EyeEm)
As we head closer to the end of the year, November is shaping up to be a slightly quieter month on the cost of living front. With Christmas only weeks away, households across Ireland will be feeling the pinch as festive spending starts to ramp up and budgets get tighter.
The end of the year can often be a financial juggling act, from rising energy bills to the pressure of seasonal shopping. And while October brought a wave of big announcements – including Budget 2026 and several important social welfare updates – November still brings a few key changes worth keeping an eye on.
From new taxes on vaping products to lower gas prices for thousands of customers, there are several updates that could affect your wallet this month. There’s also ongoing support for those struggling with heating costs as Fuel Allowance season continues through the winter.
Here’s a breakdown of money changes in Novembers – from bills and benefits to everyday costs.
Fuel Allowance
Fuel Allowance season is now in full swing. The social welfare payment, which helps homes with the cost of heating during the colder months, runs from late September until April each year.
The allowance is paid to just one person per household and is designed to ease the burden of rising energy costs through the winter. Recipients can choose to receive €33 per week for 28 weeks, or opt for two lump sum payments totalling €924.
Even though the current season has already begun, you can still apply if you meet the qualifying criteria. While payments aren’t backdated, successful applicants will receive the allowance for the remaining weeks of the season.
Electric Ireland
There’s good news for gas customers as Electric Ireland has announced a 4% price cut for around 140,000 households, effective from the start of November. The reduction in gas unit rates and standing charges will save the average customer about €57.56 a year.
However, it’s worth noting that electricity rates and standing charges will remain unchanged for now.
Avant Money
Meanwhile, Avant Money has confirmed a slight increase in the interest rate on personal loans under €20,000, rising from 8.4% to 8.5% APR, according to figures from Bonkers.ie.
Vapes
From November 1, a new tax on vaping products comes into effect following confirmation in Budget 2026. The charge introduces an excise duty of 50c per millilitre on nicotine-containing e-liquids.
In real terms, that means the price of a standard 2ml disposable vape — including VAT at 23% — will rise by around €1.23, while a 10ml bottle of liquid for reusable vapes will jump from €5 to roughly €11.15.
The new levy follows last month’s 50c increase on a packet of 20 cigarettes, introduced on October 8.
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