Currently, there are eleven different electricity suppliers for households in Ireland. As a result, it can be confusing when trying to find who has the cheapest electricity prices in Ireland.
The figures shown in the electricity price comparison below are based on a household electricity usage of 4200 kWh per year. This would be typical of maybe a 3 or 4 bedroomed household with 3 or 4 occupants. See more here about Average Electricity Bills in Ireland
Electricity Price Comparison Table
In the table below – we show the cheapest electricity deal from each provider. The prices shown are only available to new customers.
In addition, we compare charges with the annual charge for a household on Electric Ireland’s standard rates. We have compared the total cost over the first 12 months
Prices checked September 3rd 2020 and they include any cashback, VAT and the PSO levy.
| Electricity Supplier | Cost in Year One for 4200 KwH | StandingCharge (Annual) | Unit Rate (Cent per KwH) | 1st Year Savings |
|---|---|---|---|---|
| Energia | €735 | €181 | 12.97 | €278 |
| Bright | €745 | €84.29 | 14.8 | €268 |
| Glo Power | €752 | €95 | 14.71 | €261 |
| BE Energy | €759 | €177 | 12.95 | €254 |
| Iberdrola Cashback | €762 | €174 | 16.19 | €241 |
| Bord Gais Energy | €782 | €171 | 13.64 | €231 |
| Electric Ireland ( €175 cashback) | €794 | €167 | 18.25 | €219 |
| Panda Power | €800 | €214 | 16.33 | €213 |
| Flogas | €810 | €116 | 15.59 | €203 |
| SSE Airtricity | €827 | €181 | 14.46 | €185 |
| Electric Ireland Standard Rates | €1013 | €148 | 19.74 | 0 |
Energia has the lowest priced Electricity deal for switchers. For average usage, their deal will work out at €735 in year one, including their €30 cashback. You can get this offer using promo code ELECTJUNE on the Energia Website
Newcomer Bright has a rate that works out at €745 in year one.
Glow Power has a reduced rate for a year which works out at €752 in year one.
More importantly, if you have previously switched from Electric Ireland – you could save even more by switching again. After a year the energy suppliers will usually put you on their standard rates.
- If you are currently with SSE-Airticity on standard rates – you will be paying €1087 a year. You could save €352 in year one by switching to the cheapest electricity deal from Energia.
- Bord Gais Energy customers on their standard rates will be currently paying €1052 a year for average usage. They could save €317 by switching to Energia.
Prepay Meters:
If you were to use a prepay meter with Prepay Power the average usage cost would be €1176 for the first year. With Pinergy it would be €1197.
Energia works out over €450 cheaper !
Note – This Electricity Price Comparison is based on the kWh rate for the Residential 24 Hour Urban Tariff. Prices are rounded to the nearest Euro and include VAT, Standing Charges and PSO Levy and any cashback offers.
Prices shown above are for new customers only and may not be available to existing customers. You can see an electricity price comparison for rural tariffs here.
If you also have gas you should probably take a look at our Dual Fuel Comparison
If you are not an average user of electricity – see some more comparison figures for electricity prices here.
Even if you switched electricity supplier more than a year ago – it is worth your while switching again. You should treat energy supply like insurance and every year shop around and look for the cheapest deal.
The main energy price comparison sites sometimes don’t automatically include cashback offers in their calculations. The figures in the table above do include all cashback offers.
Switch and Save
The central message is that you can easily save over €250 in one year by changing provider, even if you have previously switched electricity supplier.
Most suppliers will sign you up for a 12-month contract. You will usually be charged an exit fee of around €50 if you leave early.
Our advice is to compare electricity prices after the contract is up and switch again to the supplier with the cheapest electricity prices in Ireland. Sometimes paying the exit fee could be worth it if a new supplier is offering a good deal.
Find some useful energy saving tips here .
Finally, if you are interested in other ways of reducing household bills – you should check the following articles.