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Gas & Electricity Price Changes
All changes to energy price plans are shown below
Now offering €100 cashback on their 20% discount gas tariff. Gas discount on dual-fuel plans increased from 27% to 30%
Exclusive 27% discount offer now available.
SSE now offering new customers increased first-year discounts on their Dual-Fuel and Electricity tariffs.
New exclusive offer of 28/23% discount on a dual-fuel tariff and 30% discount on an electricity tariff. Offers available to new customers only.
Flogas now offering electricity as part of dual-fuel bundles. Plans offer a 30/27% discount or 28/20% with €200 cashback. Offers only available on bonkers.ie. Offers only available to existing Flogas gas customers.
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Iberdrola now offering dual-fuel and standalone gas tariffs. Plans offered include a choice of discounted rates or 1-year fixed rates.
New bonkers.ie exclusive tariff available. The Icebreaker Plus plan offers customers a 27% discount and reduced annual standing charge. Offer available to both new and existing Flogas customers
Panda Power now offering a 30% discount on gas for new customers.
New bonkers.ie exclusive Dual-Fuel tariffs available. Plans offer a 25% discount on electricity and a 24% discount on gas. Offer available to both new and existing Bord Gais customers.
New bonkers.ie exclusive tariffs available. 20% discount off standard rates in addition to €100 sign-up credit. Offer is available to both new and existing customers.
The average annual electricity bill in Ireland is €1,035.36 and the average annual gas bill is €805.10. So, the average household energy bill is €1,840.46 over the course of a year.
The electricity calculation is based on Electric Ireland’s standard electricity rate for customers who use the national average amount of electricity in a year, which is 4,200 kWh.
The gas calculation is based on Bord Gáis Energy’s standard gas price plan for customers who consume the national average amount of gas, which is 11,000 kWh.
If you use more gas and electricity than the national average, your costs will be higher. If you use less, your costs will be lower.
If you live in a big house with a low BER rating and use appliances and devices that require a lot of electricity, your bills are likely to be a good bit bigger than the national average.
For example, if you consume 50% more electricity and gas than the national average, your bills will be about €1,449.85 for electricity and €1,159.05 for gas, including all taxes and charges.
Similarly, if your home is small and well insulated, your consumption will probably be much lower than the national average. If you use 50% less than the national average for gas and electricity, your annual bills will be €620.87 for electricity and €451.15 for gas.
As you can see, the cost of gas and electricity largely depends on how much energy you consume over the course of a year.
The tables below give a breakdown of how much gas and electricity cost in Ireland, depending on how much energy you consume.
| Annual Consumption | Difference to national average | Estimated annual cost |
|---|---|---|
| 2,100 kWh | -50% | €620.87 |
| 3,150 kWh | -25% | €828.12 |
| 4,200 kWh | 0% | €1,035.36 |
| 5,250 kWh | 25% | €1,242.61 |
| 6,300 kWh | 50% | €1,449.85 |
| Annual Consumption | Difference to national average | Estimated annual cost |
|---|---|---|
| 5,500 kWh | -50% | €451.15 |
| 8,250 kWh | -25% | €628.13 |
| 11,000 kWh | 0% | €805.10 |
| 13,750 kWh | 25% | €982.08 |
| 16,500 kWh | 50% | €1,159.05 |
In Ireland, electricity bills are made up of unit rates, standing charges, the PSO levy and VAT. Gas bills are made up of unit rates, standing charges, Carbon Tax and VAT.
In the case of pay-as-you-go electricity or gas, a prepayment service charge is also included.
Unit rates are set by suppliers and are charged based on how much gas and electricity you use. Standing charges are also set by suppliers and are charged daily.
Value-added tax (VAT) and Carbon Tax are set by the Irish Government. VAT on energy prices is set at 13.5% and Carbon Tax is set at €20 per tonne.
The Public Service Obligation (PSO) Levy is set by the Commission for the Regulation of Utilities (CRU). The PSO Levy is used to subsidise renewable energy generation and peat burning power plants in Ireland. The levy currently stands at €34.08 and is charged to all electricity customersin Ireland.
The prepayment service charge is set by Ireland’s pay-as-you-go gas and electricity suppliers.
| Supplier | Price plan |
Unit rate
per kWh
|
Standing charge
per day
|
PSO levy | VAT | Year one cost |
|---|---|---|---|---|---|---|
| Energia | Cheapest Electricity | 14.97 cent | 49.8 cent | €34.08 | 13.5% | €849.22 |
| Electric Ireland | SuperSaver (Direct Debit & Online Billing) | 16.55 cent | 28.48 cent | €34.08 | 13.5% | €837.68 |
| SSE Airtricity | 1 Year Home Electricity 30% | 14.86 cent | 49.67 cent | €34.08 | 13.5% | €843.96 |
| Glowpower | Exclusive - Everyday Saver 27% | 15.08 cent | 47.8 cent | €34.08 | 13.5% | €846.69 |
| Iberdrola | Green 23 | 15.2 cent | 47.78 cent | €34.08 | 13.5% | €851.37 |
| Supplier | Price plan | Unit rate per kWh | Standing charge per day | Carbon tax | VAT | Year one cost |
|---|---|---|---|---|---|---|
| Flogas Natural Gas | Exclusive - 30% Icebreaker | 4.98 cent | 13.42 cent | €40.70 | 13.5% | €643.39 |
| Panda Power | Panda Gas 30% Discount | 4.75 cent | 28.41 cent | €40.70 | 13.5% | €672.50 |
| Flogas Natural Gas | 25% Icebreaker (Existing Customer) | 5.34 cent | 13.81 cent | €40.70 | 13.5% | €684.01 |
| Iberdrola | Gas 16 | 4.96 cent | 27.75 cent | €40.70 | 13.5% | €692.83 |
| Iberdrola | Gas Fixed 2020 | 4.97 cent | 31.49 cent | €40.70 | 13.5% | €707.99 |
Changes to wholesale gas and electricity prices, changes to the PSO Levy, VAT and Carbon tax, and market conditions driven by competition between suppliers can cause your energy prices to change.
When Ireland’s energy suppliers decide to increase prices for households, it is usually as a result of increased wholesale gas and electricity prices or increased network charges.
If the CRU decides to increase the PSO Levy, or if the Irish Government decides to increase the VAT rate or Carbon Tax rate, your energy prices will go up too.
Suppliers sometimes cut prices for households to reward their existing customers and to compete for new customers.
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