Michael McGrath says targeted measures will be introduced.
The Government is considering another electricity payment, as part of 'quick-acting' measures to tackle rising energy costs.
Public Expenditure Minister Michael McGrath, says there'll need to be a 'significant intervention' soon.
It comes as government publishes their energy reduction plan today, which encourages homeowners to reduce their use during peak times.
The plan will see a maximum temperature limit of 19 degrees in public buildings and a public campaign to encourage homeowners to reduce usage during peak hours.
It comes as the European Commission is working on a plan that could see energy prices more than half, if a €200 a megawatt hour price limit is introduced.
Minister McGrath says the new package to combat price hikes is at an advanced stage:
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