Cheapest Electricity Prices in Ireland

Electric Ireland  (formerly ESB)  used to be the only supplier of Electricity in Ireland – but since deregulation in 2011  electricity prices are no longer set  by the Energy Regulator.
Many thousands of households have switched to SSE Airtricity , Energia or Bord Gais Energy  in order to get cheaper electricity prices. But – many thousands more have never switched – and  could save as much over €220 in 12 months on electricity bills if they changed supplier.
The electricity switching market is competitive,  with companies regularly doing special offers, discount codes or promotions such as free thermostats or cashback.

Who has the Cheapest Electricity in Ireland in January 2017 ?

We carried out a quick comparison of Electricity prices in Ireland for new customers at the start of 2017 and this is what we found:

For homes that use gas or oil to provide heating and hot water ,  an annual electricity usage  of about 5300 Kwh a year would be typical. This is the usage we have used in this comparison.

If you have never switched supplier and you are still with Electric Ireland on standard rates – then you could save as much as €226 in just one year.

Energia have a special offer only available online through the  Switcher.ie website. This promotional offer gets you 33% off their standard electricity rates for 12 months and would work out at €910 in the first year. (Paying by Direct Debit). They also include 1 year’s FREE boiler & home heating emergency breakdown insurance.

Staying on Electric Ireland’s standard rates and paying by cash/card or cheque would cost you €1136 over the next 12 months. (An extra €226)

If your electricity supply is not already with Electric Ireland – then switching back to Electric Ireland will currently work out as the cheapest deal. They are currently giving all new/returning customers  €175 cashback and a 5.5% discount – resulting in a total cost over year one of €911.  You can easily switch online at the Electric Ireland website.

You can  check out the very latest prices for all suppliers with personalised price comparisons for your actual fuel usage at our partner Switcher.ie 

See a Summary of these prices here

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

Be wary of  adverts and sales people offering  the “cheapest rates” or a ” 12% discount ” and “14% savings”  . These  discounts the energy suppliers are referring to – are usually discounts on their own standard rates. Also be aware that standing charges are not the same across all providers – and they could be higher than other suppliers.  Just because a supplier has the cheapest standard rates – it doesn’t mean there are not lower priced discounted offers from other supplier.

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 big difference to the overall cost.

Figures correct 1st Jan 2017

5 thoughts on “Cheapest Electricity Prices in Ireland

  1. Hello!
    Despite the fact that it is such a useful site I didn’t manage to find a place where the electricity and gas bill is explained. But it is probably my neglect….
    Anyway-I’d like to know what the Standing Charge is as well as what PSO Levy is since both charges seems to me very suspicious and do not appear reasonable at all.
    I am getting impression that it is one of many ways how to empty the pockets of ordinary people. Another words from my understanding it is called a looting of the masses!
    So correct me please if I am wrong with this statement and explain in details what does charges I mention above mean!
    Thank you very much in advance!
    Respectfully Ivar.

  2. my friend had his electricity switch off ,cos of a high bill he didnt pay .Can he go to another company and have his electricity switched on and start fresh

  3. Hello my property is in Rural county Wexford is it possible to tell me the cheapest electricity supplier company that will be charging the lowest current amount or better still the amount in 2017 for there PSO and standing charges.

  4. Hi, I changed from Electric Ireland (ESB) to Pre Pay Power recently but when I worked out the standing charges PPP charge €29 per month plus other hidden cost, now I did get €150 free credit from them, I was not happy been told they are the cheapest electricity on the market (lies), so within the 2 weeks cooling off period I went back to Electric Ireland and their standing charges are only €17.17 per month with no call out charges or any other hidden charges, I also got €175 free credit as a returning customer after only 1 week with PPP, I would advise anybody thinking of changing to check out the hidden cost they don’t tell you about, or do as I did go to another company and if not happy go back to EI within 2 weeks and get yourself €175 free electricity

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