Irish Electricity and Gas Prices Compared
January 31, 2012
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Posted by Money Guide
January 2012:
What are the Cheapest Options For Gas and Electricity
If you are “dual fuel” - electricity and gas the cheapest overall option will depend on your actual usage – but based on a fairly high usage of 14219 Kwh of Gas and 5600 kwH of Electricity a year – we have calculated the lowest annual costs from the combinations of various providers…
The cheapest option is to use Airtricity ( Direct Debit & Online Billing) for Electricity and using Flogas for your Gas (Pay by DD) . This would work out at a total of €1784 for the year.
BUt – the Airtricity price involves you signing a 2 year contract with a €70 fee to break out of it – if that sounds a bit risky then the next best option is probably to go for a combination of Electricity from Bord Gais (DD and eBilling too) with gas from Flogas (dd) – the overall total for both fuel bills would then come to €1796 a year
If you want to get both fuels from the same energy provider – then the cheapest bundle is from Airtricity – but it also has a 2 year contract and works out at a total of €1819 a year for the usage shown above.
If you don’t like the idea of being tied to Airtricity for 2 years – then the next best priced dual fuel bundle is from Bord Gais – which would work out at €1902 – which is €83 more than the cheapest option from Airtricity.
Avoid : The most expensive dual fuel option from one provider is the Airtricity bundle – (Not DD and postal bills) costing €2055 for the usage shown.
The most expensive combination is to have Gas from Bord Gais at their standard rates and Electricity from ESB at standard rates – that works out at €2071 a year – which is €289 per year more expensive than the cheapest option in this example.
Electricity Only Comparison
If you only have Electricity – then the lowest price is from Airtricity (But On a 2 year contract) . The cheapest non-contract electricity price is from Bord Gais.
See more details here on our page : Electricity Price Comparsion
Figures were calculated January 2012 using published tariffs and standing charges on suppliers websites and including the PSO Levy on Electricity and Carbon Tax on Gas.
The prices given are for new customers. It may be possible that your current energy supplier tarrif is cheaper than the ones mentioned here – especially if you signed up to a deal within the last 12 months.
You could also save more money on your electricity bills by doing things like switching to these Low Energy Bulbs (Savings as much as 90% compared to Halogen 50 watt!)
Categories: Airtricity, Best Buys, Bord Gais, Cheapest Electricity, Electric Ireland, Electricity Charges, ESB, Flogas, Gas Prices, Price Comparison
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great stuff many thanks for clarifying the quagmire Im off to change and save a few bob to pay for the bank bailout!
Thank you! This was really helpful.
It’s worth looking into the nightsaver tariff offered by ESB. Change from standard tariff to nightsaver tariff, for which another meter installation is required, is free. However ESB would charge about 200 euro to change back to standard meter. Electricity at night would be ~ 50% cheaper, however day rate is a little higher (~7%) and standing charge is higher (~37%). You would need to use 1/3 or more of your electricity at night to benefit from the nightsaver rate. For an average household, this would mean doing the laundry, dishwashing etc during nighttime hours (11pm-8am in the winter and 12am-9am in the summer)
When you look at the unit price of electricity or gas and look at the discount for paying for direct debit as opposed by cash or cheque its a cert that the facts are the facts, we are being robbed to the tune of €500 /700 pa depending on your consumption. Thank you government for protecting us.