Electricity Prices in Ireland have skyrocketed in recent years, putting many households in a difficult situation, or just eating into their comfort zone when it comes to their bills.
Energy Prices have fallen from the height they reached in 2021, and government subsidies in the form of energy credits have relieved some of the burden. However, electricity prices in Ireland are still nearly twice as high as in 2020.
This makes it essential for homeowners and businesses to make sure that they are getting the best deal on their electricity bills. The easiest way to do this is to switch provider regularly to avail of discounts and other benefits offered by electricity providers.
We Can Help You With:
Understanding Electricity Bills
Comparing Hundreds of Deals
Finding the Cheapest Prices
Making the Switch
Electricity Providers
There are 11 main electricity providers in Ireland, and all of these offer different services and plans that will meet the needs of different customers.
These can differ in offering electricity, gas, or both, how they generate electricity, their payment option, and the specific tariffs they offer.
It is important to understand the different products offered by electricity providers before making a decision to switch.
FAQs & Money Saving Tips
Knowing when your current electricity contract expires is important to know so that you can switch or renegotiate electricity plans instead of letting your plan lapse. It will also help to avoid exit fees by switching too early.
Knowing how much electricity you use, and when you use it, is essential for picking an electricity plan with the best time-of-use tariffs for you. This is especially easy with a smart meter as you can request that data from the ESB.
Households aren’t required to get a smart meter installed, and even if you do you aren’t required to switch to a smart plan. That said, getting a smart meter will make many more electricity plans available to you.
Customers can almost always get better discounts on electricity and gas if they go with direct debit payments and online billing. Some cheap deals, such as fixed rate plans, are only available with those payment options.
Even if you don’t want to switch electricity providers, don’t be afraid to renegotiate a better deal at the end of your contract. Most will offer significant discounts in order to retain a customer.
Yes, dual fuel plans allow you to get your household electricity and domestic gas from the same supplier. This is often the best way to get a good deal on gas prices.
Energy Statistics Ireland
2nd Highest Prices in EU
Ireland’s electricity prices are the 2nd highest in the EU, paying €350 above the European average each year.
Just 12% Switching
Just 12% of electricity customers and 14% of gas customers switched providers in 2023.
Under 25% Renegotiating
Another 21% of electricity customers and 26% of gas customers renegotiated their deal with their current supplier.
Save up to €750 a Year
Households in Ireland can easily save as much as €750 a year by switching electricity providers for a better deal.
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