Comparison of Electricity Prices in Ireland
Figures Checked July 11th 2018
There are now nine different electricity providers for Irish households – so there is plenty of competition to provide the cheapest electricity prices in Ireland.
The figures below take account of all the price increases that are happening from August.
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.
( If you also have gas you should probably take a look at our Dual Fuel Comparison.)
The figures shown are available to new customers only – paying by direct debit with paperless bills. In the example shown – the prices are compared to Electric Ireland’s standard rates when paying bills as they arrive.The cheapest deal works out as a saving of €233 in the first year .
We have compared the cost over the first 12 months – showing the best deal from each provider. Our advice is to check the prices again after the year is up and switch again to the cheapest option.
Most providers are increasing prices from August – so we have based the comparison on the increased rates
The best deal currently for average users switching electricity provider is with Bord Gais Energy at €830 in year one . (including €175 cashback). This is based on average usage (4200kWh) .
If you are already with BGE – the next cheapest deal for average usage is available direct from Electric Ireland and it includes a €175 cashback offer and 5.5% off their standard rates. It works out at €844 in year one.
# The SSE Airtricity price is their €135 cashback offer.
The Just Energy deal is available through Switcher and is fixed price – so the unit rates will remain the same for 12 months.
## Panda Power price includes €75 cashback
++ BE energy figure takes account of their offer of 1 month’s free electricity capped at 422kWh (worth €60)
Note : For households with higher than average annual electricity usage (over 5700 Kwh) – the cheapest option over the first 12 months is to switch to Energia with their 29% discount and €50 cashback- (use Promo code CHEAPELEC at the Energia Website )
See some more comparison figures on electricity deals here.
Prepay Meters: If you were to use a prepay meter with Prepay Power the cost would be €1489 for the first year. With Pinergy it would be €1514
Note – This Electricty Price Comparison is based on the Residential 24 Hour Urban Tariff. Prices have been rounded to nearest Euro. Prices after the increases from Augusthave been used and include Standing Charges and PSO Levy . .Prices shown are for new customers only and may not be available to existing customers.
See our – Dual Fuel Comparison
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.
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! )