Cheapest Electricity Prices Ireland

Cheapest Electricity Prices in Ireland
Figures Checked March 4th 2019

electricity comparison

There are now nine different electricity providers for Irish households – so there are plenty of different options  when comparing Electricity Prices .
 

The figures shown in the electricity price comparison below are based on usage of  4200  kw/h per year. This amount of electricity usage would be typical of  a household with average electricity usage – maybe a  3 or 4 bedroomed households with  3 or 4 occupants.

Electric Ireland will be increasing prices on April 1st 2019 by 4% and Bord Gais Energy are raising prices in March. But they are both already more expensive than the cheapest in our list.
Energia last put their prices up in January.


The prices shown below are available to new customers only – paying by direct debit with paperless bills.
In the table below – the prices are compared to Electric Ireland’s standard rates  when paying bills as they arrive. We have compared the cost over the first 12 months – showing the best deal from each provider. Prices as at 4/3/19 and they include VAT.

Supplier

Cost in 1st Year for
4200 KwH
Annual
Standing

Charge
Cent
per
Kwh
1st Year Saving
Energia
**
€801 182 13.61 €204
Electric Ireland # €808 97 15.79 €197
BE energy ! €848 146 17.01 €158
Bord Gais
Energy
21% Discount
€857 159 15.48 €148
SSE
Airtricity
# #
€895 180 19.10 €110
Just Energy ^^
€950 151 18.13 €55
Panda Power €984 175 18.14 €21
Electric Ireland
Std Rates
€1005  161 18.98  0

Energia **  currently have the best deal for switchers . The figure of €801 for year one includes a 40% discount  .  This deal is available on the Energia website with promocode CHEAPESTELEC.

If you are already with Energia – then the best current deal for you is to switch Electricity to Electric Ireland (Super Saver Tariff  €808 ) .

Note : Electric Ireland will raise prices by 4% in April – so this would bring their price to a total of around €838  a year )


 ## SSE 10% discount and price includes €135 cashback

^^ Just Energy rates are fixed for 12 months.

!  BE Energy price includes an adjustment for their 1 free month of electricity. (€59 used)


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

See some more comparison figures on electricity deals here.


Prepay Meters:  If you were to use a prepay meter with Prepay Power  the average usage cost would be €1167 for the first year. With Pinergy  it would  be €1229

Note – This Electricty Price Comparison is based on the Residential 24 Hour Urban Tariff. Prices have been rounded to nearest Euro and include  VAT, Standing Charges and PSO Levy. Prices shown are for new customers only and may not be available to existing customers.

Even if you have switched 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 best 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 check the 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.

You could also save even  more money on your electricity bills by doing things like fully loading appliances and using them less , buying  AAA rated appliances when replacing them  and switching any halogen downlighters to  LED  Low Energy Bulbs (Savings as much as 90%  compared to Halogen 50 watt! )

See Comparison of Gas Prices Here

More Money Saving Tips here