Gas & Electricity Price Changes

Review changes to gas and electricity prices in Ireland

Electric Ireland

Electricity standard rate decrease of 3%

07/10/2015
Announced
16/11/2015
Effective

PrePayPower.ie

Standard rate price decrease of 0.5%

01/10/2015
Announced
01/10/2015
Effective

Energia

Energia web exclusive launched 22% off Electricity.

29/09/2015
Announced
29/09/2015
Effective

Bord Gáis Energy

Electricity unit rate decrease by 2% and Gas unit rate decrease by 2.5%

09/09/2015
Announced
01/10/2015
Effective

Bord Gáis Energy

Bonkers.ie Exclusive Electricity Only tariff announced with 16% discount. If bundled with Gas: 16% off Electricity and 10% off Gas

24/08/2015
Announced
24/08/2015
Effective

Bord Gáis Energy

BG Announced "Back to School" Bundle offers 10% discount on Electricity only with a €75 Tesco Voucher. Dual Fuel : 12% off Electricity 10% off Gas and free boiler service.

05/08/2015
Announced
05/08/2015
Effective

SSE Airtricity

SSE Airtricity introduces a range of new tariffs offering up to 20% Electricity discount and up to a further 10% Gas discount if taking a Dual Fuel tariff

30/07/2015
Announced
30/07/2015
Effective

SSE Airtricity

SSE Airtricity launches an EXCLUSIVE tariff with bonkers.ie offering 20% electricity discount.

30/06/2015
Announced
30/06/2015
Effective

Bord Gáis Energy

Bord Gáis Energy launches Bundle Bonus dual fuel tariff offering 12% electricity discount plus 10% gas discount

12/06/2015
Announced
12/06/2015
Effective

Energia

Energia launches a range of new "Cheep Purr" tariffs offering an up to 20% electricity discount plus up to 17% gas discount

12/06/2015
Announced
12/06/2015
Effective

How much does gas and electricity cost in Ireland?

The average annual electricity bill in Ireland is €1,274.15 and the average annual gas bill is €989.74. So, the average household energy bill is €2,263.89 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 €1,777.55 for electricity and €1,422.72 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 €770.76 for electricity and €556.76 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.

How much does electricity cost in Ireland?

Annual Consumption Difference to national average Estimated annual cost
2,100 kWh -50% €770.76
3,150 kWh -25% €1,022.45
4,200 kWh 0% €1,274.15
5,250 kWh 25% €1,525.85
6,300 kWh 50% €1,777.55

How much does gas cost in Ireland?

Annual Consumption Difference to national average Estimated annual cost
5,500 kWh -50% €556.76
8,250 kWh -25% €773.26
11,000 kWh 0% €989.74
13,750 kWh 25% €1,206.24
16,500 kWh 50% €1,422.72

What charges make up my gas and electricity bill?

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 €51.60 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.

What charges make up an electricity bill in Ireland?

Supplier Price plan Unit rate
per kWh
Standing charge
per day
PSO levy VAT Year one cost
Bord Gáis Energy Best Electricity Only Offer 19.3 cent 62.41 cent €51.60 13.5% €1,096.76
Electric Ireland HomeSaver Electric+ 26% 17.74 cent 57.2 cent €51.60 13.5% €997.98
Bord Gáis Energy Green Electricity 36% 17.15 cent 62.41 cent €51.60 13.5% €1,006.67
Bord Gáis Energy Green EV Electricity 36% 17.15 cent 62.41 cent €51.60 13.5% €1,006.67
Electric Ireland EnergySaver 26% 17.74 cent 57.2 cent €51.60 13.5% €1,012.44

What charges make up a gas bill in Ireland?

Supplier Price plan Unit rate per kWh Standing charge per day Carbon tax VAT Year one cost
Bord Gáis Energy Best Gas Only Offer 5.53 cent 33.91 cent €66.66 13.5% €807.96
Bord Gáis Energy 25% Gas Only Offer 5.39 cent 33.91 cent €66.66 13.5% €792.23
Electric Ireland EnergySaver Gas 14% 5.42 cent 32.99 cent €66.66 13.5% €792.50
Electric Ireland 2-Year ValueSaver Gas (Direct Debit & Online Billing) 5.5% 5.96 cent 32.99 cent €66.66 13.5% €851.43
Electric Ireland Standard Gas (Direct Debit & Online Billing) 5.93 cent 32.99 cent €66.66 13.5% €848.06

What causes gas and electricity prices to change?

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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