Panda Power launched in Ireland in 2015 and is a green electricity provider, providing a variety of electricity-only plans.
Panda Power’s cheapest electricity plan
|Fuel type||Plan Name||Price|
|Electricity||20% discount||€984||Compare now|
|Gas||15% discount||€784||Compare now|
|Dual Fuel||20% electricity and 16% gas discount||€1,761||Compare now|
The above table shows Panda Power’s cheapest plans, and what they would cost an average customer for the first year. According to the CRU, the average electricity customer uses 4,200 kWh per year, while the average gas customer uses 11,000 kWh.
To compare these plans to tariffs from other suppliers, check out our free energy comparison tool. You’ll just need to enter a few short details and then you can see how your current deal compares to other deals available on the market, and how much you can save by switching.
About Panda Power
Panda Power launched electricity tariffs in the Irish market in 2015. Panda Power sells green electricity, which is generated from renewable resources such as solar, wind and wave energy.
In February 2018, Panda Power launched dual fuel and gas tariffs.
Panda Power’s parent company is Panda, which is Ireland’s largest recycling company.
Panda Power price changes
Along with seven other suppliers, Panda Power announced a price hike in the summer of 2018. From 1 August 2018, the supplier increased its electricity standard unit rate by 5.9% and their gas standard unit rate by 5%, which amounts to an extra €80 on a typical annual dual fuel bill.
Prior to this, Panda Power launched electricity in 2015 with an 18 per cent reduction on standard rates, which was the best discount on the market at the time. Its dual fuel offer, which launched in February 2018, was the cheapest plan on the market at the time of launch. In February 2018 Panda Power increased its standard electricity rates by 2.1%.
How does Panda Power generate electricity?
The Commission for Regulation of Utilities (CRU) requires that electricity suppliers disclose the sources they use to generate their energy each year.
All of the electricity that Panda Power supplies to its customers comes with a guarantee of origin certificate for energy from renewable sources.
Panda Power Fuel Mix 2017
Carbon dioxide emissions: 0 kg CO2 per MWh
National average is 325 kg CO2 per MWh
Source: 2017 Fuel Mix Disclosure and CO2 Emissions Report.
Interested in making an annual saving of up to €396? Compare gas and electricity tariffs to save now