When householders start looking into the high cost of electricity – it can be useful to compare their electricity to other households. But – How Much is the average electricity bill in Ireland in 2023 ?
Energy prices in Ireland and elsewhere rose drastically in 2022 – but hopefully, there will be fewer price increases on the way during 2023. We may even see prices falling again.
We all use electricity in our homes – and electricity bills can make up a big part of annual household expenditure. Overall, electricity usage per appliance is dropping as modern appliances become more energy efficient. But the increasing number of electrical gadgets and devices in our homes is also helping to keep the average electricity consumption high.
The most recent electricity usage figures for Ireland, produced by the Commission for Regulation of Utilities (CRU) , say that 4200kWh is now the “official” average annual electricity usage for households in Ireland. (Reference)
How Much Does Electricity Cost in Ireland?
Based on “standard” charging rates from the most prominent provider – Electric Ireland – the average usage of 4200 kWh of electricity a year will result in an annual electricity bill of €2023. (April 2023).
(Urban 24-hour rates , Inclusive of VAT PSO and standing charges.)
Electric Ireland charges 43.27c per kWh and a Standing Charge of €302.91 including VAT.
Note- VAT on electricity in Ireland is temporarily reduced from 13.5% to 9% until October 2023.
It is a good idea to register at One Big Switch which often arranges good deals with energy providers for members. It’s free and once you are registered they will let you know about any energy deals they have agreed with suppliers.
In May 2023 – Electric Ireland’s standard charges work out at as : –
- an average annual electricity bill of €2023
- an average of €337 for each 2 monthly bill.
- an average of €169 per month.
Of course – most households will use more electricity in the winter compared to the summer months because of things like heaters, tumble driers etc. It is estimated that electricity usage will be 36% more in the winter months.
If you live in a rural area, you can expect to pay about €30 to €50 more per year than this for average usage. See a comparison of Rural Electricity Charges here.
VAT on Electricity Decreased
The VAT on electricity was temporarily reduced from 13.5% to 9% from May 1st 2022. See more here about VAT Rate Reduced . This reduction is due to finish at the end of October 2023.
How much does 1 Kwh of Electricity cost in Ireland?
One “unit” or one KwH of electricity costs 43.27 cents in May 2023 . (Including VAT)
This figure is based on Electric Ireland’s standard rates.
It may be possible to get cheaper-priced electricity than this.
For more details – see our page on switching providers to get the Cheapest Electricity in Ireland
You can do your own comparison at the useful Switcher website
Average Electricity Bills in Ireland
We have estimated what might be typical electricity usage and bills for different types of households.
The figure of 4200 kWh of electricity usage per year is an average for all households – but obviously, not all households are “average”.
|1 / 2 Bed|
|1/ 2 Bed|
|2 Bed Semi||3000||€1504||€125||€251|
|3/4 Bed Semi||4200||€2023||€169||€337|
The prices above are based on Electric Ireland’s Urban 24 hr Tariff – Standard Rate from May 2023. (The PSO Levy is now a credit).
It’s interesting to see that a doubling (100% increase) of electricity usage from 2100 kWh to 4200 kWh only results in overall electricity bills increasing by 81%.
This anomaly is because a large part of the bill is made up of standing charges.
Take a look at our Comparison of Electricity Prices in Ireland
You can do your own comparison at the useful Switcher website
How Much Have Electricity Charges Increased ?
This is a summary of the annual electricity charges for an average usage home in Ireland over the past 5 years : (based on Electric Ireland standard rates)
- €947 in mid 2017
- €1063 in October 2018
- €1005 in January 2019
- €1044 in October 2019
- €1013 in April 2020
- €1098 October 2020
- €1274 Nov 2021
- €1509 in May 2022
- €1674 in August 2022
- €2023 in April 2023
From April 2020 to April 2023 – electricity bills in Ireland have almost doubled (risen by 99%) with Electric Ireland – ( other suppliers’ prices may have increased by more than this.)
The annual average bill would be around €2280 if it wasn’t for the VAT decrease from 13.5 to 9 per cent and the PSO levy being reduced.
That would have worked out as an increase of about 127% since April 2020
Which Appliances Use the Most Electricity?
A “unit” of electricity is 1kwh and will cost about 43c including VAT
One Kwh or “one unit” is the amount of energy you would use if you kept a 1,000 watt appliance running for an hour:
Here are some estimates of how long it would take to run various electric appliances to cost you €1.
(Unit rate used of 43c)
- Using a 9.8kwh electric shower for about 15 minutes
- Using a 100w electric throw for 24 hours
- Keeping an immersion heater (3,000 watts) on for 45 minutes
- A desktop Computer (200w average) for 12 hours
- Cooking in a 2,000-watt oven for about 1hr 10 min.
- Cooking in a 1000W Microwave for 2 hr 20 min
- Tumble Dryer – running for 2 hours min (will vary by model) – see Tumble Dryer Usage
- Ironing with a 1,500 watt iron for 1hr 35 min.
- Using a dishwasher for about 2 hours (1,000 – 1,500 watts)
- Watching a plasma TV (280 – 450 watts) – about 7 hours
- Keeping a fridge-freezer (200 – 400 watts) on for about 9 hours
- Using a laptop (20 – 50 watts) about 70 hours
- Keep a 5 watt LED light bulb on for 470 hours
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If you are looking for cheaper electricity – you should register with One Big Switch . They often arrange good deals with energy providers for members. It’s free to join and once you are registered they will let you know about any energy deals they have agreed with suppliers.
If you have a mortgage – you could potentially save thousands of Euros in a few years by switching mortgage lender. Take a look at the savings you could make by switching mortgage.
These increases are all fine and well while the cost of producing electricity is high, but can we expect a reduction in tariffs when energy generating cost’s come down? IMO highly unlikely as the government of this country seldom regulate or enforce price regulation even if it exists. No windfall tax on the exorbitant profits made during Covid 19. As for the €200 off electricity bills as announced by the government 9% of that goes back to the government in the form of VAT.