Comparison of Electricity Prices in Ireland


By doing a comparison of electricity prices and switching to the cheapest deal, households can still save significant amounts of money in 2024. (Over €500 a year for average usage). Prices are falling and some good deals are starting to appear. There are a few fixed rate deals on offer – but as prices are expected to fall again in the next few months , fixed price deals may not be work out cheaper in the long run

The electricity switching market in Ireland is usually very competitive. Most energy suppliers regularly have special offers, discount codes or cashback promotions.

Figures from the CRU show that many thousands of people in Ireland have never switched electricity suppliers – (about 35% of all households). But – there are still substantial savings to be made by switching your electricity supplier.


Who has the Cheapest Electricity Deal in Ireland in June 2024 ?

On June 12th 2024 we compared the Electricity Prices available in Ireland for new customers on standard tariffs (not smart) and this is what we found: (All prices take account of VAT and PSO Levy ).

See the figures below.



Very High Electricity Usage

A large household with more than 5 or 6 occupants could use as much as 8000 kwh a year. This is almost double the average usage.

Variable Rate Tariff :

One Big Switch has an offer with Bord Gais that works out at €2220 in year one. (Including €50 cashback) . It is free to join One Big Switch – and they also have discount deals on insurance too.

Electric Ireland has a deal with €85 cashback that works out at €2230 in year one.

Fixed Rate :
Yuno has a fixed rate deal that works out at €2160 in year one.


Average Electricity Usage


For medium-sized homes that probably use gas, oil or solid fuel to provide heating and hot water, an annual electricity usage of about 4200 Kwh a year would be typical. (This is the national average usage figure.)

Variable Rate Tariff :

Energia has a 1 year discounted offer that works out at €1244 in year one.

One Big Switch has an offer with Bord Gais Energy that works out at €1246 in year one. (Including €50 cashback) . It is free to join One Big Switch – and they also have discount deals on insurance and broadband too.


Electric Ireland has a deal with €85 cashback that works out at €1249 in year one.

Fixed Rates:

Yuno has a fixed rate deal that works out at €1260 in year one.
(Note – If prices fall you won’t see a reduction on a fixed-rate deal)

Do a comparison for your personal usage at Switcher


electricity comparison

Switch Annually

In all cases – after the first 12 months with a supplier, households should always compare electricity prices and look into switching supplier again to obtain the best deal.
Sometimes it can be worth switching before your 12 month contract ends. Most suppliers will charge a €50 fee if you leave within 12 months – but if the new supplier has a lot cheaper offer, it can be worth paying the fee to avoid missing out on a good deal.

If you register with One Big Switch they often have good deals for members on electricity as well as broadband and insurance.



Important – If you also have natural gas you should check our  Dual Fuel Price Comparison 


To save the most money on your energy bills, consider switching your energy supplier every 12 months. Many energy providers offer competitive introductory rates to new customers, but these discounts typically expire after the first year. By switching suppliers regularly, you can ensure you’re always on the best available plan and avoid getting stuck paying more than you need to.

Do a comparison for your usage at Switcher


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