You can find out more about switching your electricity and gas in our helpful How to switch your gas and electricity guide. Check your bill or online account to find the name of your current tariff. So, if you live in a three-bedroom house your electricity usage is likely to be similar to the national average, but, if you live alone in a one-bedroom apartment, electricity costs will be less. Read our guide about average gas and electric bills to find out more.
How to compare electricity prices Switching to a cheaper electricity deal could save you hundreds of euro every year. Why switch electricity supplier? What are the cheapest electricity rates in Ireland? Switch now. At Switcher. The Commission for Regulation of Utilities assists energy customers by providing information and resolving complaints. Find more information at cru. Many suppliers claim to be the cheapest, but who really has the best gas and electricity deals on the market?
Switching to a new gas and electricity deal is quick and easy, and could save you hundreds of euro. Switching to a cheaper electricity deal could save you hundreds of euro every year. We compare gas and electricity suppliers to help you:.
Many thanks. So simple to use. Saving me at least a third of my bill for electricity. The whole process was straightforward. I should have switched years ago! This discount is only applied to the unit rate before VAT , not the entire bill. These discounts are often available by selecting a fix rate contract for a predetermined period of time.
If you have both electricity and gas in your home, choosing a dual fuel plan with a supplier can further increase the percentage discount on each fuel. Sometimes Irish electricity suppliers offer several similar plans, some with discounts and some with cashback or credit. If cashback is offered then it is usually applied over a series of months against the entire amount of the bill after VAT. Always check the terms and conditions or clarify in writing with the provider how the cashback or credit will be applied to your bills.
For electricity customers with a high average usage of electricity, offers with discounts will usually result in greater savings than offers with cahback, and vice versa for customers with a lower electricity usage.
These discounts are often only available to new customers and applied only in the first year. This is why the CRU has an on-going "switch-on to savings" campaign. A campaign that encourages consumers to change electricity and gas providers every 12 months. Armed with the information above, you should now be able to understand and compare offers. Get out a calculator or use your phone to run the numbers. You can either use your individual households yearly usage in kWh if you have the last twelve bills or the national yearly average of 4, kWh for electricity and 11, kWh for gas in order to work out bills.
If you are looking at a percentage discount plan, take away the discount on the unit rate before VAT and then multiply by 4, Add on the yearly standing charges without VAT, and then add For cashback or credit plans, you simply multiply the unit rate by 4, and add the standing charge without VAT. Then add The calculations above will give you your annual bill on any tariff. Suppliers can change rates several times a year and rarely all at the same time.
As we have seen recently more than ever, price increases which are usually driven by increased costs in sourcing electricity.
This means that the cheapest electricity supplier this month could just be the cheapest because it is the last one to put up its prices. There are currently twelve residential electricity suppliers in Ireland, as of October Other companies will only offer PAYG when customers are experiencing difficulties paying their electricity bills or have built up debt from previous unpaid bills.
In any case, we have analysed all the current rates available to bring you the cheapest electricity in Ireland prices. See the table below for the cheapest electricity-only deals per supplier. Keep in mind that if your home is connected to the natural gas grid it may also be more cost-effective for you to compare dual-fuel deals. All calculations have been based on an urban hour tariff and 4,kWh of annual usage.
You will also usually need to sign up for paperless billing and Direct Debit in order to take full advantage of any available discounts. Besides switching to the cheapest tariff, customers can also save money on their bills through collective switching also known as collective bargaining. Head to our Collective Switch guide for more details on this money-saving method. Calculations based on average consumption figures for an urban home with a hour standard meter. All discounts and cashback have been applied.
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