Irish Electricity and Gas Prices Compared
April 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 14200 Kwh of Gas and 5000 kwH of Electricity a year – we have calculated the lowest annual costs from the combinations of various providers…
The cheapest option is to use Bord Gais ( Direct Debit & Online Billing) for Electricity and using Flogas for your Gas (Pay by DD) . This would work out at a total of €1700 for the year.
If you want to get both fuels from the same energy provider – then the cheapest bundle is from Airtricity – but it has a 2 year contract and works out at a total of €1760 a year for the usage shown above.
If you don’t like the idea of being tied to a contract - then the best priced dual fuel bundle with no ties is from Bord Gais – which would work out at €1807 – which is €47 more than the dual fuel option from Airtricity.
Avoid : The most expensive dual fuel option from one provider is the Airtricity bundle – (Not DD and postal bills) costing €1980 for the usage shown.
The most expensive combination is to have Gas from Bord Gais at their standard rates and Electricity from Airricity (Not DD , Not Ebiills) – that works out at €1971 a year – which is €211 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 Bord Gais (DD and eBills).
See more details here on our page : Electricity Price Comparsion
Figures were calculated April 27th 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!)
April 28, 2012
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Posted by Money Guide
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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.
Thank you very much for the clarification.Its worth switching to savea a few euros.
I heard this news that those consuming low rates of gas would be charged a higher standing charge. I find that unfair to those working longer hours-12hour shifts. Such ones if single and living on their own would be penalised for working unsocial hours and again pay extra more so if they live in apartments with electric cooker. Is this increase in price forcing such ones to consume gas when not needed?
Could someone look into this and make some changes for a fairer deal across board.
Sound, clear advice,the best i’ve come across, thanks a mill
Very clear!Thanks!