Electricity and Gas Price Comparison

What are the Cheapest Options For Switching Both Gas and Electricity Providers in Ireland ?

Hundreds of thousands of people in Ireland have never switched energy providers. Recent figures show that  more than half of electricity and gas customers  have never switched supplier.
Doing a comparison of  Electricity and Gas Prices shows that for average households – switching energy supplier could cut energy bills by as much as €425 in just one year.

Question : How many hours would you have to work to earn  €425 in take home pay ? (Answer: About 40 hours for someone on €28k a year).

Note: The price comparisons below are based on what might be typical usage in a medium sized house, using gas for both heating and hot water. ( 11000 Kwh of  Gas and 4200 kwH of Electricity a year .)
We have assumed that the household is currently on the standard rate of Electricity with Electric Ireland and on the standard rates for gas with Bord Gais Energy. The current charge for both fuels would be €1725 a year in this scenario if paying bills as received ,not by direct debit.


Switching Dual Fuel – Same Supplier :

The best switching deal for a dual fuel bundle in this scenario is on the  Energia website using the  promo code CHEAPDUAL . You will get €50 cashback and 29% off their standard electricity rate and 28% off gas.
This deal will work out at €1378  in the first year – a saving of €348 .

The next best offer is from  SSE Airtricity at €1408 in year one . A saving of €318 . This is their 10% discount offer with €200 cashback. Available via Switcher.ie

A new supplier – Just Energy – has a fixed price option at €1462 in year one which might be worth considering to avoid any potential gas or electricity price rises in the next 12 months. See more about Just Energy here


Switching to Separate Suppliers for Gas and Electricity  :

GAS:
The best option,  if you are currently on Bord Gais standard rates ,   is to switch your gas over to  Electric Ireland . In the first year this would work out at €527  (this includes €175 cashback offer ).  This is a saving of  €228 in year one compared to the €755 cost on Bord Gais Energy standard rates.

Other prices –  Just Energy €607 ;  Flogas €614  )

ELECTRICITY:
If you switch to Energia for electricity through their website using the promo code “CHEAPELEC” you will get 29% off their standard rates plus €50 cashback.  This would work out as the lowest priced deal over the first year,  at  €773 .  This would be a saving in year one of €197 compared to staying on Electric Ireland’s standard rates.

This combination of two separate energy providers will work out at a total of €1300 in year one. A saving of €425 in year one compared to staying on the standard rates with Electric Ireland and Bord Gais Energy.

Alternatives:  – If you are already with Energia for Electricity and with Electric Ireland for your Gas – then the cheapest option would be to switch your electricity to Electric Ireland (€733 inc €175 cashback) and your natural gas to Just Energy  (€607). This would work out in the first year at a  total of  €1340 .

You can check other supplier prices for your usage on the useful  Switcher.ie website

But – note that the Energia promocode and cashback offer is only available direct with Energia Online

 Note :To get these lower prices with any of the suppliers you will usually have to pay by direct debit and have online billing.

See our Electricity Price Comparison Here

The main message is – if you are have never switched and are still on the standard rates from Electric Ireland or Bord Gais Energy  – then switching provider can save you significant amounts of money.
You should try and treat energy supply like car insurance – shop around when the 1 year contract is over and get a better deal. It only takes a few minutes to fill a form in and it could save you a few hundred euros each year.

Switching supplier does not involve any wiring changes, pipe changes or disconnections. It just means that a different company is administering your bills. It is still the same electricity and gas coming into your house.

Figures  were calculated  to the nearest euro  October 1st 2017   using published tariffs and standing charges on suppliers websites and including VAT, the PSO Levy on Electricity  and Carbon Tax on Gas. Cashback offers included in calculations.
The prices given are for new customers only .

More Money Saving Tips Here

How to Switch

When you  switch electricity suppliers you will need your  MPRN . This is an 11-digit number printed on your electricity bill. If you don’t have it, you can get it by calling ESB Networks on 1850 372 757.

If you’re switching gas suppliers they will need your GPRN . This is a 7-digit number printied on your gas bill. If you don’t have it, you can get it by calling Gas Networks Ireland on 1850 200 694.

You can make things easier by using an online energy switching site such as Switcher.ie to compare prices for your personal fuel usage . Sometimes they have exclusive offers that are even better than what you can get by going direct to the energy companies.

Important :  the comparison sites don’t include cashback offers in their calculations – but they do mention them. So make sure you don’t miss out on the best deals by manually adding any cashback offers onto the total savings to work out the cheapest deal  for you.

You could obviously save even more money on your electricity bills by just cutting your energy usage . For  example –  switching any halogen downlighters to Gu10 LED  Low Energy Bulbs (Savings as much as 90%  compared to Halogen 50 watt!)

Insulating your home can also cut your energy bills – see our article about grants for insulation.

20 thoughts on “Electricity and Gas Price Comparison

  1. This website is super, thanks a mill.
    Question: I am currently with pre-pay power for my electricity and find it is costing me a small fortune. I am with them over 12 months now and want to change. Thinking of Energia as they seem to be the cheapest. How can I move from Pre-Pay power, as I dont get a bill so where do I get the number to give to Energia?

    • Prepaying is usually one of the most expensive ways of getting electricity. What made you move to them?
      Prepay power will have your mprn number – it must be on documentation from them. Failing tyr calling ESB Networks on 1850 372 757 to get the MPRN

  2. great thanks very much for the quick reply! good to get some straight advice/information, I think with all of the sites its quite difficult to see what your actually saving.

    great site, thanks

  3. I’m moving into a new house for the first time. Do the switcher deals apply to those that will be opening gas/electricity accounts for the first time?
    Thanks,
    Ciaran

    • All the discount deals and cashback offers are for new customers – so you should be able to get any of them Ciaran.

  4. Hi Money Guide Team,
    We are installing a Daikin Pump which will run the house only on electricity: heating, underfloor, water. What is the cheapest provider if we will solely use electricity once pump will be installed? I read before it was Electric Ireland plus they have incentive for daikin. But by purely unit rate what is the cheapest? many thanks in advance.

    • Hi Nat
      Have you looked at this page ? http://www.moneyguideireland.com/electricity-prices
      These days – with all the emphasis on trying to attract customers , the provider with the lowest unit price might not work out as the cheapest. Currently – Electric Ireland work out the best price over one year for average usage for NEW customers because of their cashback offer. People need to treat Electricity like insurance – and shop around each year to get the best deal.

  5. I was told by Airtricity that although I am a new customer their new customer rate would not apply and that it only applies to landlords. The property is currently with Airtricity so it is cheaper for me to switch to Electric Ireland – doesn’t seem to make much sense as they’re losing a customer.

    • Electric Ireland will probably work out cheaper in most cases anyway because of their €175 cashback offer.

  6. Hi Money Guide Team,
    I am currently with Board Gas Energy getting gas and electricity and have contract for 1 year which currently expirated 20/September 2017 now thinking to move to another supplier switching to: or separate suppliare for gas and electricity or (dual) suppliare for gas and electricity. I got offer from Board gas energy for new contract 1 year for 14% off bills (electricity & gas) and they will fitted HIVE for free. Will I get better offer on the market or it is worthed to stay with them? I’ve been told to be aware to be carefully bcs I am “low user of fuel” . I used Electricity per year 1600 kwh and gas I payed/per yr around €250 bcs my apartment is sunny and very warm.
    Thank you

  7. Hi, am moving into a new house shortly. Already connected to Electric Ireland but will be getting a new connection for gas. What would be the best option to go for?? Thanks.
    Liam.

  8. Hi Money Guide Team,
    Am in the process of getting my house refurbished. The ESB is connected but as gas is now available will be getting it installed.Should I go with dual fuel or with seperate suppliers? Also what about this new fixed price any usage supplier?
    Thanks, Liam

    • Going for separate suppliers will work out slightly cheaper – but just involves a bit more form filling. The fixed price gas offer from Just Energy is working out slightly more expensive than switching to gas from Electric Ireland – but the idea of no rate increases in a year might be useful .

  9. I’m moving into a new house for the first time. The New house has Gas heating ,Natural gas for cooking. I want to take new connection for Electricity and Gas..
    Would you please suggest which offer is the best one in the market… I spoke to Electric Ireland customer sales team y day.. they are confusing me … they said their rates are after 8.5 % discount
    Electricity – 13.84 cent and Gas 4.37 cent..
    Please Advice me , which one to take

    • Hi Matt
      For new customers with average usage or lower (assuming they give you the €175 cashback) Electric Ireland will be the best price on Electricity. (€757)
      For Gas – best deal is from Just Energy at €607 – a total combined price of €1364 over the first year.
      (You only get the cashback once from Electric Ireland)
      Getting both fuels from Electic Ireland (average usage) would work out at €1419 over 1 year including the €175 cashback.

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