Gas & Electricity Price Changes

Review changes to gas and electricity prices in Ireland

Community Power

Price increase announced for residential electricity. Increase of approximately 19.5% to electricity bills. Changes effective November 1st.

01/10/2021
Announced
01/11/2021
Effective

SSE Airtricity

New customer discounts reduced across Electricity and Dual Fuel plans. Leading 30% electricity discount offer now an online exclusive. Welcome credit and eStore credit values on both Electricity and Dual Fuel plans reduced from €320 to €270.

25/09/2021
Announced
01/10/2021
Effective

Bord Gáis Energy

Price increase to domestic energy announced. An estimated increase of €10.26 per month on electricity bills and €8.16 per month on gas bills. Changes effective from October 24th.

24/09/2021
Announced
24/10/2021
Effective

PrePayPower.ie

Price increase for residential electricity and gas by 9.7% and 8.0% respectively. The increase will take effect from 22nd October.

21/09/2021
Announced
22/10/2021
Effective

Energia

Price increase announced. Standard electricity rates to increase 15.7% and standard gas rates to increase by 18.5%. Changes to come into effect from October 18th.

17/09/2021
Announced
18/10/2021
Effective

Glowpower

Price increase on residential electricity announced. A 21% increase to standard electricity rates will come into effect from October 13th.

13/09/2021
Announced
13/10/2021
Effective

Pinergy

Price increase on residential electricity announced. Increase of 7.8% to standard rates effective from October 11th.

10/09/2021
Announced
11/10/2021
Effective

Panda Power

Price increase announced that will see household electricity & gas bills increase by 11.3%. Changes effective from October 4th.

03/09/2021
Announced
04/10/2021
Effective

Bord Gáis Energy

New customer discounts increased. Now offering up to 40% discount on electricity plans and 33% discount on gas plans.

01/09/2021
Announced
01/09/2021
Effective

Iberdrola

Price increase announced. Electricity prices to rise by 17.5% and gas prices to rise by 18% from 1 October 2021.

01/09/2021
Announced
01/10/2021
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 EnergySaver 26% 17.74 cent 57.2 cent €51.60 13.5% €1,012.44
SSE Airtricity Smart 1 Year Home Electricity 30% (Direct Debit & eBill) 18.58 cent 63.65 cent €51.60 13.5% €1,067.41
SSE Airtricity 1 Year Home Electricity 30% 18.58 cent 63.65 cent €51.60 13.5% €1,071.25
Bord Gáis Energy Smart Standard Electricity 18.22 cent 62.41 cent €51.60 13.5% €1,078.25

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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