Cheapest Electricity Prices in Ireland.

Currently, there are eleven different electricity suppliers for households in Ireland. As a result, it can be confusing when trying to find who has the cheapest electricity prices in Ireland.

The figures shown in the electricity price comparison below are based on a household electricity usage of 4200 kWh per year. This would be typical of maybe a  3 or 4 bedroomed household with  3 or 4 occupants. See more here about Average Electricity Charges in Ireland

Electricity Price Comparison Table

In the table below – we show the cheapest electricity deal from each provider. The prices shown are only available to new customers. In addition, we compare charges with the annual charge for a household on Electric Ireland’s standard rates . We have compared the total cost over the first 12 months

Prices checked July 3rd 2020 and they include any cashback, VAT and the PSO levy.

Electricity
Supplier
Cost in Year One
for 4200 KwH
StandingCharge
(Annual)
Unit Rate
(Cent per KwH)
1st Year Savings
Energia€740€18112.97€273
Bright€745€84.2914.8€268
Glo Power €752€9514.71€261
BE Energy €759€17712.95€254
Iberdrola €772€17413.32€241
Bord Gais Energy€782€17113.64€231
Flogas€788€11615.08€225
Electric Ireland ( €175 cashback)€794€16718.25€219
Panda Power €800€21416.33€213
SSE Airtricity€827€18114.46€185
Electric Ireland
Standard Rates
€1013€14819.740

Energia has the lowest priced Electricity deal for switchers. For average usage, their deal will work out at €740 in year one , including the €25 cashback. You can only get this offer using promo code ELECTJUNE on the Energia Website

Newcomer Bright has a rate that works out at €745 in year one.

Glow Power has a reduced rate for a year which works out at €752 in year one.


More importantly, if you have previously switched from Electric Ireland – you could save even more by switching again. After a year the energy suppliers will usually put you on their standard rates.

  • If you are currently with SSE-Airticity you will be paying €1061 a year. You could save €321 in year one by switching to the deal from Energia.
  • Bord Gais Energy customers on their standard rates will be currently paying €1052 a year for average usage. They could save €312 by switching to Energia.

You can do your own personalised comparison at Switcher.ie.


Prepay Meters:

If you were to use a prepay meter with Prepay Power the average usage cost would be €1198 for the first year. With Pinergy  it would  be €1221


Note – This Electricity Price Comparison is based on the kWh rate for the Residential 24 Hour Urban Tariff. Prices are rounded to the nearest Euro and include  VAT, Standing Charges and PSO Levy and any cashback offers. Prices shown are for new customers only and may not be available to existing customers. You can see an electricity price comparison for rural tariffs here.

If you also have gas you should probably take a look at our Dual Fuel Comparison

If you are not an average user of electricity – see some more comparison figures for electricity prices here.


Even if you switched electricity supplier more than a year ago – it is worth your while switching again.  You should treat energy supply like insurance and every year shop around and look for the cheapest deal.

The main energy price comparison sites sometimes don’t automatically include cashback offers in their calculations. The figures in the table above do include all cashback offers.


Switch and Save

The central message is that you can easily save over €200 in one year by changing provider, even if you have previously switched electricity supplier.

Most suppliers will sign you up for a 12-month contract. You will usually be charged an exit fee of around €50 if you leave early.
Our advice is to compare electricity prices after the contract is up and switch again to the supplier with the cheapest electricity prices in Ireland. Sometimes paying the exit fee could be worth it if a new supplier is offering a good deal.

Find some useful energy saving tips here .

Finally, if you are interested in other ways of reducing household bills – you should check the following articles.

Comparison of Gas Prices

Cheapest Broadband Deals

More Money Saving Tips here