Cheapest Electricity Provider in Ireland

Many thousands of people in Ireland have never switched electricity provider  – (about 36% of all  households) . By switching to the cheapest electricty provider, those households could save ,on average , €206  in just 12 months on electricity bills.

Electric Ireland  (formerly ESB)  used to be the only domestic Electricity Provider  in Ireland – but since deregulation in 2011 , thousands of households have switched to other suppliers such as  Energia , SSE Airtricity  or Bord Gais Energy  in order to get cheaper electricity prices.

The electricity switching market is very competitive,  with companies regularly doing special offers, discount codes or other promotions such as cashback.


Who has the Best Electricity Deal in Ireland in April 2019 ?

We carried out a comparison of Electricity prices in Ireland for new customers in April 2019 and this is what we found:

Electricity Usage
Cheapest Provider
(Over 1st Year)
Next Best
High (6000kWh)Energia - €1100 BE Energy €1141
Medium (4200 kWh)Energia - €838Electric Ireland €846
Low (3000 kWH)Electric Ireland €625Energia €665

For Higher Usage:
Electricity usage will be higher in larger homes with 4 or more occupants –  and also in smaller households that use only electricity for heating and hot water.  Electricity consumption figures of 6000 kwH per year would be possible for higher usage households .

The  best switching deal for higher usage homes is with Energia . They have a special offer only available through the Energia website. You need to enter the promo code CHEAPESTELEC and this will get you 36% off their standard electricity rates for 12 months.
This will work out at €1100 in the first year. (Paying by Direct Debit).  This is a saving of €299 compared to Electric Ireland’s standard rates (Non DD) .
The next best deal for 6000 kWh usage is from BE Energy at €1141.


Medium Usage
For medium sized homes that probably use gas , oil  or solid fuel to provide heating and hot water ,  an annual electricity usage  of about 4200 Kwh a year would be typical. (This is the average national usage.)
The best deal currently would be to switch your electricity to Energia  . This offer works out at €838 ( with a 1 year 36% discount) and is only available  online with Promo code CHEAPESTELEC at the Energia Website.

This is a saving of €206 on Electric Ireland’s standard rates.


Best for Lower Usage :
Smaller households will use less electricity. Typical usage for a 1 or 2 person household that doesn’t use electricity for heating might be 3000kwh per year.
If you are not currently with Electric Ireland for your Electricity supply – then the best deal for lower usage households would be to use Switcher.ie to switch to Electric Ireland and go for their €150 cashback offer . This will work out as a year one price of €625 for 3000kwh.

The next best deal is to switch to Energia . This will work out at €665 in year one  . (This Offer of  36% discount  is only available online with Promo code CHEAPESTELEC through the Energia Website.

Bord Gais Energy will work out at €700 in year one.


In all cases – after the first 12 months , households should look into switching again to obtain the best deal.

See a Summary of the cheapest Electricity  prices here

If you also have gas – take a look at  our  Dual Fuel Price Comparison 


Cashback offers are not included in comparison sites calculations – but we include them. So don’t assume the cheapest deal shown on the comparison sites are actually the best available. Cashback offers can often make a very big difference to the overall cost- especially for lower usage households.


You should really think about switching your energy supplier every 12 months to take advantage of all these special offers – otherwise most providers will just put you back on their standard rates after the first year.
It only takes a few minutes – and as we have shown it can easily save you in the region of €250 just on electricty bills over a year.

Figures correct 5th April 2019

electricity comparison

 

Euro Sterling Exchange Rate News

Sterling Euro Exchange Rate Today : April 18th  2019 11.00 am

1 GBP = 1.1561 EUR

1 EUR =  0.865 GBP

As expected – Brexit is still causing a lot of volatility in the Sterling Euro exchange rate. Brexit has been extended –  but that didn’t prevent the pound from drifting lower versus the euro last week. The pound euro exchange rate hit a high of €1.1622, before falling to €1.1550 on Friday, before closing at €1.1579.  Yestarday , poor UK inflation figures caused Sterling to fall slightly again. With trading volumse lower over the Easter weekend, there could be sharp spikes should there be any developments with Brexit.

According to a recent Bank of England analysis,  if the UK goes through a “disorderly”  / no deal Brexit , Sterling could fall by 25% under a worst-case scenario.  This could see the Pound  fall to parity against the Euro.

See Today’s latest Exchange Rates Here


With so much  uncertainty in the currency markets at the moment –  it could get quite stressful for people or businesses planning large Euro / Sterling exchanges in the next few months.   We are in a period of high volatility which, depending on your timescales and budget, could cause problems if you are not properly prepared.

Using a Currency Exchange specialist  can remove some of the uncertainty by allowing you to fix an exchange rate as much as 12 months in advance of your transfer.  For good deals on currency exchange for large amounts –  for personal money or for businesses – see our page on how to get the Best Exchange Rates

 

money transfers

You might also be interested in this information about  Transferring  Money between Ireland and the UK

If you are just looking to buy some Sterling cash for a holiday  – take a look at our page about the best place to buy Sterling in Ireland

 

Welfare Payment Arrangements for Easter 2019

Over the Easter holidays 2019 there will be some changes to welfare benefit and state pension payment arrangements.

Welfare offices will be closed on Good Friday 19th April 2019 and Easter Monday 22nd April. Offices will reopen on Tuesday 23rd April.

Post Offices will be closed on Good Friday 19th April 2019  and Easter Monday 22nd April but will be open during normal business hours on Saturday 20th April.

Banks will be closed on Friday 19th April and Monday 22nd April

Signing Arrangements for Jobseekers
Signing for  Friday 19th April and Easter Monday 22nd April 2019 will be suspended. Normal signing arrangements will apply for the rest of the week.

Social Welfare Payments collected at a Post Office  (includes pensions)

  • Payments due on Wednesday 17th April 2019 can be collected from Tuesday 16th April
  • Payments due on Thursday 18th April can be collected from Wednesday 17th April.
  • Payments due on Friday 19th April can be collected from Thursday 18th April.
  • Payments due on Monday 22nd April can be collected from Saturday 20th April

Payments made directly to a bank account

  • Payments due on Tuesday 16th April 2019 will be paid on Monday 15th April   (Not Casual Jobseekers Payments)
  • Payments due on Wednesday 17th April will be paid on Tuesday 16th April.
  • Payments due on Thursday 18th April will be paid on Wednesday 17th April.
  • Payments due on Friday 19th April will be paid on Thursday 18th April.
  • Payments due on Monday 22nd April will be paid on Thursday 18th April.

Casual Jobseeker   payments
Payments due on Tuesday 23rd April will be paid on Wednesday 24th April 2019

(All these dates have been confirmed by Welfare.ie )

More about Bank Holidays in Ireland and Workers Rights on Public Holidays

 

Marks and Spencer Discount Code

Marks and Spencer Ireland  

Discount code for 20% off –
Use code: HOME20  to get 20% off selected core home, lighting and furniture online.
Ends 27th April 23:45 UK time

Free delivery on orders over €30

At the MarksandSpencer.ie  website you can’t buy food (usually)   or  furniture – but there is a wide choice of clothing for all ages and  some great stuff for the home – towels, bed linen , luggage,cookware, and other homeware items.
marksandspencer.ie discounts

Check out more online discounts , offers and deals on our Discount  Alerts Page .

Credit cards with a billing address outside Ireland are not accepted – so that means people abroad can’t use the Irish M&S site to buy gifts for people in Ireland.

If you want to get items delivered to someone in the UK or overseas you can’t do it on the Irish M&S site – but international delivery is available on the M&S UK Site
Shoppers on the UK site still can’t get orders delivered to Ireland though.

Marks and Spencer Ireland

See more Online shops delivering to Ireland

 

Applying for Student Grants Online in Ireland

Applications for Student Grants for Autumn 2019

This summer,  from August 15th onwards – many young Irish people will again be accepting places at Universities and Colleges. Many of those students will be relying on student grants to help with living expenses and travel etc. Student grants have been reduced in recent years   – but at least they are still available here in Ireland.

If you think you might be eligible for a student grant, you should apply for it as soon as possible.   The opening date for student grant applications is April 25th 2019.

The  closing date for receipt of 2019/20 applications will be the end of July 2019 . Student Universal Support Ireland ( SUSI) say that applications made by July 12th will be given priority.but they usually allow late applications.

Do not  delay your grant application until you receive an offer of a place or enroll in college.

Applications are dealt with by SUSI. (Student Universal Support Ireland).  Last year they processed more than 98,800 applications with in excess of 81,800 students (new and renewal) awarded a grant for the 2018/2019 academic year.

Grants are available to eligible students attending most colleges in Ireland as well as for Irish students attending most colleges in Northern Ireland, the UK and other EU States.

You can access the Online Student Grant Application system by visiting www.susi.ie and clicking “Apply Now”. Alternatively, you can reach the system through the URL www.grantsonline.ie

The income of you and/or your family is the main factor in working out your eligibility for a student grant.
Don’t assume that your parent’s income is too large to qualify – you can still get some level of grant support even if your parent’s income is as much as €54,420 a year (Even more if you come from a family with a large number of children.)

The levels of student grant payable range from around €5915 to €300 a year  – depending on the level of your parents income . The full maintenance grant for students living away from home is €3025 a year. If you get a student grant you normally  get the tuition fees and “registration fee” covered too. (That’s worth around another €3000)

Students who are currently in receipt of a student grant and who are progressing to the next year of the same course will continue to be assessed and paid by the existing awarding authorities – i.e. the relevant local authority or Vocational Educational Committee .

If you are changing your course or starting a new course in 2019 you will need to apply to SUSI. (Student Universal Suport Ireland)

Any queries .. contact the SUSI Support Desk

E-mail: support@susi.ie  – Telephone: 0761 08 7874
(Watch out for  charges on that 0761 number)

SUSI Student Universal Support Ireland. www.susi.ie
Twitter: @susihelpdesk
Mon-Fri 9:00 – 17:30

Post : SUSI PO BOX 12210, Ballsbridge, Dublin 4