While last month might have been jampacked when it came to cost of living and money changes, this month is much slower – but there are still things people need to know
18:11, 02 Nov 2025Updated 18:11, 02 Nov 2025
Money (stock)(Image: Getty Images)
The penultimate month of the year is here, with four money changes you need to know about.
While last month might have been jampacked when it came to cost of living and money changes, this month is much slower.
Between a price hike due to government policy and an ongoing social welfare scheme worth over €900, here are all the November updates:
Fuel Allowance
Fuel Allowance season is here, with it normally beginning in late September of each year and ending in April. It is a payment to help with the cost of heating your home during the winter months. It is paid to only one person in a household.
The Fuel Allowance scheme consists of €33 per week for 28 weeks or it can be paid via two lump sum payments worth €924 in total. Although the current season is underway, people can still apply and qualify after the start date, however, the payments won’t be backdated. But you will be entitled to future payments.
You can find out more information about it here.
Electric Ireland
It was announced that Electric Ireland will decrease their gas prices for 140,000 customers by 4% from the beginning of November. This reduction in residential gas unit rates and standing charges will result in annual savings of €57.56 on a person’s average gas bill.
It should be noted that residential electricity unit rates and standing charges will remain unchanged. You can find more information here.
Avant Money
Avant Money confirmed that they have increased the rate on their loans for less than €20,000. It has gone from 8.4% to 8.5% APR, according to Bonkers.
Vapes
A tax of 50c per millilitre on nicotine-containing e-liquid for vapes was confirmed in Budget 2026. It means that the price of a standard 2ml disposable vape, including VAT at 23%, will cost an additional €1.23, whereas, a 10ml bottle of liquid for reusable vapes will jump from €5 to €11.15.
This will come into effect from 1 November. It comes after an excise duty on a packet of 20 cigarettes rose by 50c from 8 October 2025.
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