Cheapest Electricity Provider

Many thousands of people in Ireland have never switched electricity provider  – (about 36% of households) . By switching – these households could save in the region of €200  in just 12 months on electricity bills if they changed supplier.

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 suppliers such as  SSE Airtricity , Energia 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 October 2018 ?

We carried out a quick comparison of Electricity prices in Ireland for new customers in October 2018 and this is what we found:

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 or more per year would be possible for higher usage households . The current best switching deal for someone using these amounts of electricity is with Energia .

Energia  have a special offer only available through the Energia website. You need to enter the promo code CHEAPELEC and this will get you 29% off their standard electricity rates for 12 months and  €50 cashback .
This would work out at €1075 in the first year. (Paying by Direct Debit).  This is a saving of €206 compared to Electric Ireland’s standard rates .


Medium Usage
For medium sized homes that 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 get your electricity direct from  Energia  . This offer works out at €808 ( with a  29% discount and €50 cashback) and is only available  online with Promo code CHEAPELEC at the Energia Website
This is a saving of €197 on Electric Ireland’s standard rates.

Note:
If you are not currently with Electric Ireland for your Electricity supply – then the best deal for medium ussage households is to switch back to Electric Ireland and get €150 cashback which brings the year one price to €869 ) 


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. On Electric Ireland’s standard rates – paying bills as they arrive – this would cost €778 a year.  Households could cut this by €156 in the first 12 months by switching to SSE Airtricity (€622 including €135 cashback).

(Note: If you are not currently with Electric Ireland for your Electricity supply – then the best deal for lower usage households is to switch back to Electric Ireland and get €150 cashback which brings the year one price to €596


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 €200 just on electricty bills over a year.

Figures correct  1st Oct  2018

electricity comparison

28 thoughts on “Cheapest Electricity Provider

  1. Hi

    Which provider of electricity only offers the better rate if you use 5000 kw per year?

    • Currently – for that exact amount , over one year , the best deal is if you switch to Bord Gais Energy (€175 cashback) But it is only €7 dearer than the Energia deal mentioned above. If you go over 5250 – then Energia will work out cheaper because of the lower rates.

  2. Does the Bord Gais 24% discount Online option work out better for someone on low usage as oppose the 10% with €175 back?

    • Pre pay power and Pinergy will work out as the most expensive electricity over 1 year ( or more)
      All the others are cheaper than them. If you really want a prepay option – then go with Electric Ireland – they give you €175 credit on the meter and they are slightly cheaper than prepay power even without that €175 credit.

  3. Hi I have a business. I’m currently with Bord Gais. I’m up for renewal now. Who should I change to.
    Many thanks

    • Energy companies don’t publish their charges for business customers – it seems you will have to get a quote off some or all of them and see who is the cheapest.

  4. I am a Single Parent living in a rural area. Only need Electricity. I have just moved into the house. They Landlord is with Electric Ireland. I was with Energia in my last house. The bill being in my name.

    I’m interested in the Greenest Electricity and the cheapest.

  5. my elderly relative has never moved supplier becsuse they are receiving free units under t he household package. I suspect they could benefit from better prices if they moved but dont know what to advise them on how they transfer their free units

    • Your relative will stil be entitled the €35 allowance whatever supplier they are with. Electric Ireland knock it of the bill – but if your relative moves supplier they will get the allowance paid to their bank account every month instead . (Or it can be collected at Post Office if preferred) . The other suppliers are not happy that Electric Ireland get this favourable treatment by the Dept of Social Welfare.

  6. Help I joined sse electicty in june my duel bill was high for electric for a summer bill .board gais came to my door and told me that I wl get huge bills from sse. Is this true another thing I cant view my bill with sse on line it just showes the total amount .shold I leave them what will I do.

    • You probably signed up for a 1 year contract (do you know?) . Did you go for their €135 cashback offer ? If so – did you get it yet?
      There will be a €50 penalty if you leave them before June 2019.
      You could move to Electric Ireland and get their €150 cashback . For average usage this would work out €100 cheaper compared to staying with SSE – but you would have to pay €50 to leave SSE. (Still a saving of about €50) . Don’t leave if you signed up for cashback until you get it of SSE.

      Bord Gais Energy are currently

  7. Hello ,
    My contract with energia is due to end on 26th sept , i was getting 33% discount which will no longer apply after contract expires .I have been paying this direct debit for the year , my bi-mthly bills would be average 90 euro which is including my discount , who am i best off switching to ? also do most insist on a deposit ? as i said i have paid direct debit always and my credit rating should be good . Thanks .

    • Hi Stephen, as it says in the article – for lower usage households such as yours – the best deal, if you are not with Electric Ireland, is to switch electricity to Electric Ireland . Their €150 cashback offer will bring your total cost in year one to about €445 (average €65 bi monthly).

  8. Currently with Energia 33% discount expired end of August, unsure of who to switch to at the moment. Bi-monthly bills in region of €140, probably in the medium usage category. Who is offering best deal? Thanks

    • If you are not currently with Electric Ireland for your Electricity supply – then the best deal for medium ussage households is to switch back to Electric Ireland and get €150 cashback which brings the year one price to €869 )

  9. Sse airtricity say on their website that if you cancel direct debit they will charge you €300. I called them up and this is true. Been with them since Aug 2012. Theyll give the €300 back after a year once theyve established a regular and satisfactory payment history they said. They said all suppliers do this. True or not?

  10. We are on pre-pay Gas and electricity would it work out chesper going back to bill pay. Our rate for electricity from 01/10/18 will be
    Unit rate €0.1917
    Annual standing charge €170.05
    Annual PSO levy €47.34
    Estimated annual bill Inc Vat €1022.60

    I have to check our Gas rates.
    Thank you

  11. Hi I am paying €100-€120 per two months with electric Ireland. Can you advise if there are any better offers out there?

  12. Hi, i’m about to move into a 4-bed BER A3 rated with air-to-water heating so expect
    low-ish usage – is there one provider more suited to this? I’m thinking of going with Energia as that was what came out cheap(est) on a price comparison website?
    Anybody got similar experience?

    • Hi Pat – the option for low usage households are given in the article. The comparison sites don’t include cashback – so the supplier at the top of their list may not work out as the best deal .

      Our example of low usage (3000kwh per year) . If you are not with them already – then the best deal for lower usage households is to go with Electric Ireland and get €150 cashback which brings the year one price to €596.
      Next best is SSE Airtricity (€622 including €135 cashback).

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