It has been a miserable few months for Ireland’s energy customers.
Since September, seven suppliers have hiked prices, the PSO Levy has increased by €25 and Storm Emma has left thousands of households braced for big, big bills.
But finally, some good news.
Panda Power has entered the Irish gas market with a range of competitive new deals, which will allow average customers to save as much as €342 on their gas and electricity bills.
Panda Power is currently offering 28% off gas and electricity exclusively to new customers who sign up through bonkers.ie.
This discount takes the supplier’s unit rate for gas to 3.69 cent ex VAT and unit rate for electricity to 12.23 ex VAT.
With all taxes and charges added in, customers with average consumption will pay about €1,445 in year one with the supplier, which is a saving of €342 against standard rates. It's important to note that new customers must sign up for paperless billing and direct debit to get this offer.
Customers signing up to Panda Power also have the alternative option of a 12% gas and electricity price discount along with €120 cashback.
Panda Power is part of the Beauparc Utility Group, which includes waste collection brands, Panda and Greenstar.
The group's estimated 285,000 Panda and Greenstar waste customers can save money on their waste collection bills by switching their gas and electricity to Panda Power.
By signing up, existing Panda and Greenstar customers can get a 22% discount on their waste collection bills, gas bills and electricity prices.
Panda Power entered the domestic electricity market in 2015 and is proud of its 100% green electricity fuel mix.
We interviewed Panda Power’s Managing Director, Brendan Traynor, to learn more about what customers can expect from Ireland’s newest gas supplier. Check it out below.
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