Beat the Price Increases and Save Money on Electricity in 2025
Don't let rising electricity costs catch you out. Call Selectra today for expert advice on switching providers and finding the cheapest deal on electricity. Prices shown include recently announced price increases and cashback offers.
Variable Rate
26% Discount
30% Discount
To compare electricity prices effectively, you need to understand three core components: the unit price, the standing charges, and any additional taxes or levies. It's also vital to take into consideration any introductory discounts or cashback offers.
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The quickest way to cut through the complexity of tariffs is to speak directly to an energy expert. Call Selectra today on 📞(01) 913 1771 for a guided comparison.
Selectra brings you the essential 3-step methodology for comparing and switching electricity prices:
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If you are looking to switch electricty providers, we are here to help you compare the market, answer your questions and make the switch with just one free phone call!
With so many electricity providers offering different deals and prices, it can be difficult to compare electricity prices effectively.
The first step is always to gather the necessary figures from your bill.
To make the process of comparing and switching as quick and seamless as possible, ensure you have the following information to hand:
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When comparing electricity prices, it's important to know the type of tariff you have for your home, as different tariff types might have more than one unit rate:
This information is contained on your electricity bill and is normally on the second page where your supplier provides a breakdown of your electricity consumption.
Urban or Rural Tariffs?
Depending on where you live in Ireland, you will have either an urban or rural tariff. Your unit rates will be the same, but the standing charges for rural tariffs are higher than urban. On your electricity bill, the letters DG1’ indicate an urban rate designation, whereas ‘DG2’ are rural rates.
Once you know what type of tariff you are on, to compare electricity prices, you will then need to calculate your electricity usage.
This figure is the basis for any accurate quote and will help you see precisely how much you will save with a new supplier.
You can find your electricity usage in the following ways:
If you’ve just moved into your property, or you’re on a prepayment meter, you might not know what your annual consumption is.
In this case, you can use the average yearly electricity consumption of Irish households to get an idea of what you might be using.
Here are the current average consumption figures for Ireland:
| Meter Type | Times | Average kWh per year |
|---|---|---|
| Standard | 24 Hour | 4,200 kWh |
| Nightsaver | Day and Night | 2,520 kWh : 1,680 kWh |
| Smart Meter | Day, Night ,Peak | 2,520 kWh : 1,260 kWh : 420 kWh |
Can I Change My Mind After Switching?
In Ireland, you can cancel a change of electricity or gas provider at any stage within the first fourteen days of requesting the switch. This is known as the cooling-off period and comes without paying an exit fee. Simply contact the supplier you were switching to about your decision.
The Estimated Annual Bill (EAB) is the gold standard for comparing tariffs. It is the only way to accurately compare the total cost of two different plans.
Use this formula as your reference point:
Along with charging for the electricity usage, energy companies also charge for having the electricity connected to the grid, which is called the standing charge.
In Ireland, this is usually set as a yearly lump sum that can range from €200 to €300. The standing charge is also part of the fixed costs, along with the PSO levy.
Your estimated annual bill needs to be worked out by combining everything from above so you get an idea of how much your electricity will cost you throughout a year.
When you compare electricity prices, providers will typically offer two main types of contracts: fixed or variable rate tariffs.
The choice you make impacts your potential savings and exposure to market risk.
If your home uses both electricity and natural gas, one of the most effective ways to lower your overall energy expenditure is by securing a dual fuel package—switching both services to the same provider.
Suppliers often offer significantly greater discounts when you bundle both services.
Comparing a dual fuel package requires looking at all the individual components of your energy usage, not just the discounted price:
Remember to Check Unit Prices
A large dual fuel discount percentage can be deceiving. Always use your specific annual consumption figures to calculate the true cost. A small discount on a low-cost unit rate is often cheaper than a large discount on a high-cost unit rate.
Many Irish electricity providers offer a one-time credit to your account when you sign up for a new plan, referred to as a cashback offer or welcome bonus.
Cashback offers can look very attractive when comparing electricity prices, but they can often hide expensive unit prices. Depending on your individual consumption, a plan with a great cashback deal can sometimes lead to a more expensive annual bill in the long run.
Once you have used the EAB formula to accurately compare electricity prices and found a suitable plan that meets your needs, the switching process itself is straightforward and quick.
In Ireland, the process typically takes around 10 to 14 working days from application to completion.
You have two main methods for initiating a switch, both of which only require the information gathered in Step 1 (MPRN and usage):
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Don't wait! Once you've compared the prices, complete your switch today in minutes. Call us on 📞(01) 913 1771 and our experts will finalize your application with your new supplier.
Your new supplier manages the switch end-to-end, communicating with your old supplier and the network operator. Here is what happens after you submit your application:
Read Selectra's Full Guide to Switching Supplier
When facing comparison tools from competitors, the best approach is to be an educated consumer.
We strongly recommend cross-checking your own EAB calculations against trusted resources to ensure you get the best deal:
It's recommended to compare electricity prices every 12 months to ensure that you are continually getting the best value on your electricity tariff.
By changing every 12 months, you can take advantage of the latest discount and cash back offers which are primarily aimed at new customers. After your initial contract, your provider will typically switch you to a more expensive standard rate.
There are no fees for changing electricity provider in Ireland.
The only fees that could apply when switching electricity supplier are an exit fee if you are still in contract with your current provider (usually applies if you switch before 12 months), or any outstanding debt you owe.
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The services and products mentioned on this website may only represent a small selection of the options available to you. Selectra encourages you to carry out your own research and seek advice if necessary before making any decisions. We may receive commission from selected partner providers on sales of some products and/or services mentioned within this website. Our website is free to use, and the commission we receive does not affect our opinion or the information we provide.
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