What are the Cheapest Deals For Switching Gas and Electricity?
Most of the energy providers in Ireland offer incentives for new customers such as reduced rates or cash back. This latest Electricity and Gas Price comparison shows that switching to the cheapest dual fuel bundle in 2021 could save an average usage household in Ireland around €500 in just one year.
This first year savings figure of €500 is for households that have never switched before and are paying the standard rates with Electric Ireland and Bord Gais Energy . Households with higher usage could easily save in the region of €700 or more in the first year.
Even if you have previously switched energy supplier, but have been with your current supplier for more than a year, you could still save large amounts by switching again.
Note: when we compare electricity and gas prices we base it on what might be typical usage in a medium-sized house, using gas for both heating and hot water. ( 11000 Kwh of Gas and 4200 kWh of electricity a year .)
The prices shown include any cashback offers.
We have compared the energy prices to those of a household that is currently on the standard rate of Electricity with Electric Ireland and on the standard rates for gas with Bord Gais Energy. The total charge for both fuels for such a household (not using direct would be €1871 over the next 12 months.
Best Deals for Switching Electricity and Gas to the Same Provider.
The cheapest dual fue bundle is currently from Flogas – with €100 cashback it works out as €1371 in year one .
The next cheapest Dual Fuel Bundle in Ireland is currently available from Energia . Their “Home” bunlde with €40 cashback works out at €1373 in year one for average usage. Use promo code DF40 to get this bundle.
Cheapest Dual Fuel Bundle in Ireland
Dual Fual Price Comparison
|Supplier||€ Annual Charge Based on Average Usage|
|Electric Ireland |
|Bord Gais Energy||€1396|
|Panda Power (€125 cashback)||€1525|
Note: To get these lower prices with any of the suppliers you will usually have to pay by direct debit and have online billing.
Switching to Separate Suppliers for Gas and Electricity :
The current best deal on gas alone is from Flogas. Over one year of average usage this would work out at €602
Energia has the cheapest Electricity deal for switchers. For average usage their “Home” deal will work out at €780 in year one , including their €35 cashback. Use Promo code ELECTJUNE to get this offer on the Energia Website . It’s not available elsewhere.
The combined price of these two separate suppliers comes to €1387 – therefore it works out cheaper to go with the Dual Fuel bundle from Flogas or Energia.
Important: the comparison sites don’t include all the cashback offers in their calculations – but they do mention them. So make sure you don’t miss out on the best deals by manually adding any cashback offers onto the total savings to work out the cheapest deal for you.
Switch and Save
You should try and treat energy supply like car insurance:- shop around every year and get a better deal. It only takes a few minutes to fill a form in and it could save you a few hundred euros each year.
The main message is …. if you have never switched and are still on the standard rates from Electric Ireland or Bord Gais Energy – then switching to the Cheapest Dual Fuel Bundle can save you significant amounts of money.
Even if you have switched previously – if you have been with your current supplier for more than a year you will get cheaper offers by switching again.
Switching energy supplier does not involve any wiring changes, pipe changes or disconnections. It just means that a different company is administering your bills. It is still the same electricity and gas coming into your house.
Figures were calculated to the nearest euro on 19th January 2021 using published tariffs and standing charges on suppliers websites and including VAT, the PSO Levy on Electricity and Carbon Tax on Gas. Cashback offers included in calculations.
The prices given are for new customers only, paying by direct debit.
How to Switch
When you switch electricity suppliers you will need your MPRN . This is an 11-digit number printed on your electricity bill. If you don’t have it, you can get it by calling ESB Networks on 1850 372 757.
If you’re switching gas suppliers they will need your GPRN . This is a 7-digit number printed on your gas bill. If you don’t have it, you can get it by calling Gas Networks Ireland on 1850 200 694.
Insulating your home can also cut your energy bills – see our other articles about grants for insulation.