Once you have settled into your new home, it’s pretty likely that next up on your to-do list will be setting up your electricity! While some properties may have solar panels or use gas, electricity is typically the main source of energy throughout the island of Ireland.
Whether you already have an idea of some of the most popular energy plans or you haven’t had the chance to make yourself familiar with the options, we are here to make understanding energy deals in Ireland and choosing the best deal for you a whole lot easier.
The Best Electricity Deals in Ireland
Apartments and houses in the main cities of Ireland usually have a pre-pay or pay-as-you-go electricity set up however some accommodations work through a standard monthly or bi-monthly billing method. Below we will take you through some of the best electricity deals that cover both types.
Electric Ireland is one of the main Irish utility companies that supply electricity and gas to homes across the Republic of Ireland and Northern Ireland.
EnergySaver Electricity 30
Estimated annual bill: €1,155
- Direct debit and paperless billing
- 30% discount on electricity unit rates
- 12 month contract
See other price plans from Electric Ireland here
Bord Gáis Energy is one of the most commonly used household energy suppliers and provides gas and electricity to homes and workplaces across Ireland.
Best New Electricity
Estimated annual bill: €1,185
- Direct debit and paperless billing
- 39% discount on electricity
- 12 month contract
See other price plans from Bord Gáis Energy here
Energia is a leading Irish energy provider that provides 100% renewable energy to households and businesses across the country.
Home Elect Offer
Estimated annual bill: €1192.08
- Online billing
- 100% renewable energy
- Simple online switching
See other price plans from Energia here
Pinergy is a renewable energy supplier that offers both pay monthly plans and pay-as-you-go plans.
Fixed Rate Electricity
Pinergy uses detailed energy data insights to forecast your individual total yearly use – giving you a flat monthly payment based on your personal energy usage.
Pay As You Go Electricity
Take total control of your energy payments by managing how much and when you pay for your energy usage – top up directly through the Pinergy app or set up automatic payments when your balance drops below a set balance.
Find out more about the Pinergy home electricity plans here
PrePay Power is an Irish-owned energy supplied that offers completely bill-free pay-as-you-go energy.
Pay As You Go Electricity
With PrePay Power you pay for your electricity as you use it. This means that you can track your energy and how much you spend. You have the option to top up online, on the app or in a Payzone outlet which are available nationwide.
Find out more about the PrePay Power home electricity plan here
Is electricity affordable in Ireland?
Electricity in Ireland isn’t exactly the cheapest in Europe. In fact, recent statistics show that electricity prices in Ireland are over 20% higher than the EU average. All hope is not lost though – by simply giving yourself the time you need to research properly and choosing the electricity provider and deal that fits your individual needs, you will be able to find a provider within your personal budget that won’t break the bank.
How do I choose an electricity provider?
With so many options available, choosing an electricity deal and provider in Ireland might feel overwhelming. Remember, choosing an electricity provider all comes down to finding the deal that fits your needs. Some things to consider when making your choice include:
- Length of contract
- Size of your household
- Rate type
- How much energy you usually use (Will you be working from home? Do you always forget to switch the lights off?)
What is the average electricity bill in Ireland?
Statistics indicate that the average electricity consumption is 4,200 kWh per year, which suggests that the typical cost of energy in an average household in Ireland is around €1,000.
Of course, this price completely depends on a number of factors such as the size of the household and how much energy is usually used and will likely differ for everyone!
Is prepay or standard billing better?
There are advantages and disadvantages that come with both prepay electricity and standard billing options. Whichever you choose will depend entirely on your personal preferences and your needs. However, for clarity, pay as you go and prepay electricity plans generally work out more expensive than standard billing options.
Before choosing what the right option is for you, why not do some more research into each option by looking through the energy provider’s websites and getting an understanding of what each option involves?
At MoneyJar, we have built a simple new approach to a digital account. We provide plenty of ways to help you stay on top of your spending and make the process of setting up an account simple when you make the move to Ireland! This quick and easy approach can make things like setting up electricity in your new home and signing up for an energy plan a whole lot easier. Find out more about how we can help you have the freedom to be better with money during your move to Ireland here.
