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Gas & Electricity Price Changes

All changes to energy price plans are shown below

Electric Ireland

New SuperSaver tariff available. This plan offers a discounted unit rate and standing charge on a 1-year contract.

28/01/2019
Announced
28/01/2019
Effective

Flogas Natural Gas

Flogas now offering a 25% discount to new customers who sign up for their direct debit tariff.

04/12/2018
Announced
04/12/2018
Effective

SSE Airtricity

Increase of 6.3% to the standard rates on electricity and an increase of 6.9% to the standard rates on gas.

04/11/2018
Announced
04/12/2018
Effective

Just Energy

Pricing adjustments across 'RateSaver' fixed-price tariffs. Rate decrease on the 12-Month fixed for both gas and electricity. Rate increase on the 24-Month fixed for both gas and electricity.

31/10/2018
Announced
02/11/2018
Effective

Just Energy

Standing charge on 24-Month Fixed Price tariff updated. Price increase on electricity annual standing charge and a decrease on gas annual standing charge.

26/10/2018
Announced
26/10/2018
Effective

Pinergy

An increase of 7.89% on Pinergy's standard rates for electricity.

07/10/2018
Announced
07/11/2018
Effective

Panda Power

Standard unit rate increase on both gas and electricity. Increase results in a 5.9% increase on electricity rates and a 5% increase on gas rates.

05/10/2018
Announced
05/11/2018
Effective

Electric Ireland

Prepayment charge on Smarter PAYG tariff increased from €105.85 to €136.88

01/10/2018
Announced
01/10/2018
Effective

Just Energy

Price increases across all Just Energy gas, electricity and dual-fuel tariffs.

01/10/2018
Announced
03/10/2018
Effective

Flogas Natural Gas

9.8% increase on the standard unit rates for gas products.

01/10/2018
Announced
01/11/2018
Effective

How much does gas and electricity cost in Ireland?

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.

How much does electricity cost in Ireland?

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

How much does gas cost in Ireland?

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

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 €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.

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
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

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
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

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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