The National Emergency Co-ordination group reported a fall in water levels on the river Shannon for the first in 2 weeks today.
Jim Casey of the OPW said levels in all parts of the Shannon have dropped, and the lower Shannon around Limerick reached peak water levels on Sunday.
However, the group have warned that more rain is to come and another rise in levels could be expected and that families could be pumping water from their homes during Christmas.
Heavy rainfall over the past week and a half, leaving many homes and business places in the west, south-west and midlands devastated by flooding.
The flooding has also caused problems for public transport, with some commuter and train services being badly delayed and cancelled with precautions being taken.
Reminder: 16:00 Connolly-Sligo cancelled & reduced capacity on Dublin/Sligo & Dublin/Drogheda routes due to flooding https://t.co/qooPE4QrSb
— Iarnród Éireann (@IrishRail) December 15, 2015
Flooding update: Bus transfers btwn Ck-on-Shannon & Longford & on WRC btwn Ennis & Galway. Less capacity on some Sligo & Longford services.
— Iarnród Éireann (@IrishRail) December 15, 2015
The Irish Red Cross has a humanitarian support scheme for small businesses in operation.
They have received over 100 calls to its helpline since a government scheme offering grants of €5,000 to affected businesses went live.
However, many of the larger claims wont be dealt with until after the Christmas.