There are now eleven different electricity suppliers for Irish households after Spanish company Iberdrola and Glow Power launched in 2019.
So there are plenty of options when trying to compare prices to see which supplier has the Cheapest Electricity in Ireland.
The figures shown in the electricity price comparison below are based on electricity usage of 4200 kWh per year. This would be typical of a household with average usage – maybe a 3 or 4 bedroomed household with 3 or 4 occupants. See more here about Average Electricity Charges in Ireland
In the table below – the cheapest electricity prices from all providers are compared to the annual price for a household on Electric Ireland’s standard Kwh rates (paying bills as they arrive). We have compared the total cost over the first 12 months – showing the best deal from each provider.
Prices as at January 16th 2020 and they include VAT and the PSO levy.
|Cost in Year One|
for 4200 KwH
|Unit Rate |
(Cent per KwH)
|1st Year Savings|
|Bord Gais Energy||€854||€171||15.33||€181|
Energia currently has the cheapest electricity deal for
This is a saving of €206 in the first year compared to staying on Electric Ireland’s standard rates.
If you are already with Energia and at the end of your contract – then the best current deal for you is to switch your Electricity to Electric Ireland – €838 .
The supplier’s prices shown above are available to new customers only – paying by direct debit with paperless bills.
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 providers here.
Prepay Meters: If you were to use a prepay meter with Prepay Power the average usage cost would be €1197 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 have been rounded to 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.
Even if you have switched electricity supplier more than a year ago – it is probably 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 are not allowed to include any cashback offers in their calculations – but our list above does include cashback offers.
The main message we want to get across is that if you have never switched electricity supplier – you could easily save around €200 over 12 months by changing provider.
Most suppliers sign you up for a 12 month contract with an exit fee of around €50 if you leave early.
Our advice is to compare electricity prices again after the contract is up and switch again to the cheapest option. Sometimes paying the exit fee could be worth it if a new supplier is offering a good deal.
More energy saving tips can be found here .
If you are interested in other ways of saving money on household bills – you might also like to have a read of the following articles.