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How to compare electricity prices

Switching to a cheaper electricity deal could save you hundreds of euro every year. Here’s how to compare electricity suppliers and switch to a new plan that costs less.

Why switch electricity supplier?

If you haven’t changed your electricity provider in the last 12 months, there’s a very good chance you could save money by switching.

Many electricity suppliers offer discounts to new customers for the first year, but when this discount period ends, you’ll pay the standard rate, which is often higher.

It doesn’t pay to be loyal to your energy supplier so it makes sense to find a better deal when your contract ends.

You could save up to €284 a year by switching to the cheapest deal on the market.

What are the cheapest electricity rates in Ireland?

Here are the five cheapest electricity prices based on the national average, which according to the Commission for Regulation of Utilities (CRU), is 4,200 kW/h of electricity per year.

Supplier Plan Name Annual cost
Glowpower Festive Saver (DD, online billing) €813
Energia Cheapest Electricity (DD, online billing) €815
Energia Electricity (DD, online billing) €815
Bord Gáis Energy Best Electricity - 32% Discount (DD, online billing) €832
Glowpower GlowSimple21 (DD, online billing) €858

To get more accurate prices, compare energy plans using your own consumption amounts to find the right deal for you.

Compare electricity prices

It only takes a few minutes to find a cheaper deal and start saving

How to find the best electricity prices

The best way to find a better deal is to compare electricity suppliers and tariffs using our gas and electricity comparison tool. We’ll select the cheapest energy suppliers, showing how much you could save plus any extra tariff information.

Just enter details about your current energy plan, such as:

  • electricity supplier
  • current tariff
  • electricity usage, and
  • how you pay your bills

Once you’ve completed the form, compare plans and choose the supplier and tariff that’s best for you.

How do you choose between electricity offers?

You’ll need to consider things like the size of your household and the amount of electricity you use, for example:

  • If you live in a large household with high usage, a big discount will work best because it will significantly reduce your bills over the discount period (usually 12 months).
  • If you live in a small household with a lower-than-average consumption you may find a smaller discount that offers cashback or bonuses upfront is better value.

You may also want to consider:

  • Length of contract
  • Exit fee
  • Rate type

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What is a fixed price electricity deal?

A fixed price electricity deal is where your unit rate and standing charge are set for the period of your contract.

Fixed-rate type plans are not normally the cheapest plans but offer protection against any price hikes that could occur throughout the duration of your contract. However, your monthly bill may change depending on how much electricity you use.

How to switch electricity supplier

It takes less than 10 minutes to find a cheaper plan and Switcher.ie will manage the whole switching process for you. Enter your details into our gas and electricity comparison tool and we’ll show you:

  • All available electricity plans
  • Estimated annual bill for each plan
  • Annual savings you could make
  • Contract length
  • Additional plan information

To switch your electricity supplier you simply need:

Why use Switcher.ie to compare electricity deals?

Switcher.ie is accredited by the Commission for Regulation of Utilities (CRU) which means we are endorsed as an independent, impartial and accurate source of information for energy customers.

You can find out more about switching your electricity and gas in our helpful How to switch your gas and electricity guide.

Compare electricity FAQs

Do I need to cancel my account with my current supplier?

No, once your new supplier receives and confirms your application, they’ll handle the switch with your old supplier, so you don’t need to contact them.

Do I need to cancel my Direct Debit with my current supplier?

Yes, after your switch, you’ll receive a final bill from your old supplier, which you’ll need to pay to close your account.

Once this is done, you can cancel your Direct Debit to your old supplier.

How do I know when my discounted tariff is ending?

If you switched more than 12 months ago, it is likely you’ll have reverted to the standard rate by now.

Check your bill or online account to find the name of your current tariff. If you’re still not sure, you can always contact your supplier to find out.

Energy suppliers should provide you with 30 days’ notice before their discount ends, as well as an annual prompt if you’ve been on the same tariff for three years or more.

How long will it take if I switch electricity?

It usually takes 7-14 days for your switch to be carried out.

The exact time it takes for your switch to be completed depends on the supplier, however, it shouldn’t take any longer than 28 days.

What is the average electricity bill in Ireland?

According to the CRU, the Irish national average electricity consumption is 4,200 kWh per annum. This suggests that the average annual cost for electricity will be around €1,000.

So, if you live in a three-bedroom house your electricity usage is likely to be similar to the national average, but, if you live alone in a one-bedroom apartment, electricity costs will be less.

Read our guide about average gas and electric bills to find out more.

Switch and save up to €475 on your energy bills

It only takes a few minutes to find a cheaper deal and start saving