Most of the Irish electricity and gas providers have recently introduced price increases.
Bord Gais Energy (Part of Centrica) increased gas prices by 3.4% and standard electricity rates by 5.9% from November 1st 2017.
SSE Airtricity increased standard rates on electricity by 5.6% also from Nov 1st 2017
Electric Ireland increased electricty prices by 4% in February 2018.
Energia increased standard electricity prices by 3.9% on December 1st 2017
Flogas increased gas prices by 3.3% on December 1st
We are always telling everyone that the best prices on energy can be had by switching provider. These price increases don’t really alter things that much .
An average usage household currently on the standard rate of Electricity with Electric Ireland and on the standard rates for gas with Bord Gais Energy. The current cost for both fuels would be €1786 a year in this scenario if paying bills as received
Switching Dual Fuel – Same Supplier : Feb 2018
The lowest prices deal for a dual fuel bundle in this scenario is on the Energia website using the promo code CHEAPDUAL . You will get €50 cashback and 29% off their standard electricity rate and 28% off gas.
This will work out at €1405 in the first year – a saving of €381 . (
In summary – the energy suppliers usually offer their very best deals to new customers , you might not agree with this – but that is how the system works.
So , if you have never switched energy supplier OR have not switched for two years or more you will get the biggest savings by going to a new supplier.