A new company entered the Irish residential electricity market in July 2020. The entry of Bright into the market meant there were 12 national suppliers of Irish residential electricity .
Bright said they will have a specially designed app and will offer just one tariff and 100% green electricity.
They also say there are no ties in or exit fees. Most other providers charge around €50 if you leave before the end of a 12-month contract.
Are Bright Energy the Cheapest ?
At the time of writing – Bright Energy had an Electricity tariff that works out at €876 in year one based on average electricity usage.
This is very competitive pricing, but it was not as cheap as the best electricity deal.
See our Electricity Price Comparison page for more information.
Bright is the trading name of Evermore ES Ltd which is based in Belfast.
Ciaran and Stephen Devine started Bright . They have been operating in the renewable energy sector for many years, in partnership with garage forecourt retailer, Maxol.
The energy market in Ireland is very competitive with 12 firms for householders to choose from. After the deregulation of the Electricity Market in 2011, several companies have tried to attract customers away from Electric Ireland (previously ESB). It can be a difficult task as Canadian energy company, Just Energy , discovered. They pulled out of the residential market in 2019 , less than two years after launching in Ireland.
In the UK several of the smaller, newer energy suppliers went bust in recent years. There were 8 in 2019 alone and 16 overall.
Update – January 2022
Bright has gone out of business and all customers will be transferred to Electric Ireland from 26th January 2022
Bright launched its 100% renewable electricity offering in 2020. Since then, wholesale energy prices have increased by 200% and, operating under the current conditions with no sign of market recovery was no longer a viable option for us.
Bright Customers will be moved to Electric Ireland
As part of the exit, Bright has entered into a process with the Commission for Regulation of Utilities (CRU) called ‘Supplier of Last Resort’ (SOLR) which ensures customers have a seamless transfer to the new supplier which is Electric Ireland. Customers will continue to receive their electricity supply and will not experience any disruption to their service