Fixed rates on mortgages and savings have been around for years – but the availability of fixed rates on energy in Ireland has not been very common. It can be a good idea if you want to be sure that your energy rates will not go up for a year.
Back in 2020 a newcomer to the Irish energy market , Iberdrola. offered fixed rates on gas and electricity. However – Ibedrola left the Irish market in early 2022.
Now in 2023 – Flogas are offering fixed rates on energy (gas and electricity). This is a good idea if you think energy prices will rise again in the next 12 months.
In April 2023 – the dual fuel fixed rate offer available from Flogas works out as the cheapest deal of all at €3355 in year one.
The unit rates are fixed for a year – so they will not increase (or decrease) for 12 months.
By comparison – the next best dual fuel offer is from SSE – In year one this will work out at €3451. But prices could rise or fall in the next year.
See our current full Comparison of Dual Fuel Energy Tariffs
See our full Comparison of Electricity Charges
Prices were valid on April 20th 2023