Electricity Prices Ireland: Price per kWh - March 2025

By Cormac Breen

Content Manager

Cormac is Selectra.ie's energy expert along with being the chief content and editorial manager for the website. His aim is to help find the best deal for you and your home energy needs so that you save money on your annual bills. His knowledge and experience of the Irish energy market allows him to offer the best advice and insight into current prices, emerging trends and overall energy saving tips.

In March 2025, the average price of electricity in Ireland per unit is 34.38c per kWh. This is based on a standard, 24hr urban rate comparing all providers with VAT included. Community Power has the cheapest unit rate per kWh at 28.80c including VAT. The average estimated electricity bill in Ireland is €1,404.55 including VAT and other charges. If you are looking to compare electricity prices in Ireland, you can call 📞(01) 913 1771.

Electricity Prices Ireland: How Much is a Unit of Electricity?

In March 2025, the average price of electricity in Ireland per unit is 34.38c per kWh. This is based on a standard, 24hr urban rate comparing all providers with VAT included.

Community Power has the cheapest unit rate per kWh at 28.80c, while Energia has the most expensive unit rate at 38.08c.

Below you will find a table that compares each provider's standard, 24hr. Urban unit price.

No discount offers have been applied to these unit rates, and they represent the supplier's standard that customers are moved on to after the first 12 months of their contract.

⚡ Kwh Unit Price per Supplier

Supplier	Unit Price
	28.80c
	30.51c
	32.90c
	33.31c
	33.62c
	33.97c
	34.03c
Average Unit Rate, 34.03c
	35.48c
	36.65c
	37.05c
	38.08c
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*Figures are for illustrative purposes only. Unit rates are based on a standard, 24hr, urban rate, and include VAT. No discounts have been applied.
Last updated: March 2025

We remind you that the quickest and most effective way to save money on gas and electricity bills is to compare energy offers and switch energy providers every 12 months.

This can usually save you anything from over €300-500 a year, which can help with the cost of living.

Electricity Prices Ireland - How To Calculate Price per kWh

The 'raw' cost of electricity in Ireland is often less than 50% of the price that the consumer pays

The price per kWh that you pay for electricity in Ireland is influenced by various factors, including the following:

• Supplier: Different suppliers offer different prices, along with varying discounts on unit prices for new customers.
• Meter Type: The type of meter you have will dictate the price, whether that be a single rate, standard meter or a time-of-use meter that offers lower nighttime rates.
• Government Levies and Taxes: Additions such as the PSO levy and VAT add to the final cost.
• Wholesale Energy Costs: Fluctuations in wholesale energy markets directly impact the price.

Ireland still has some of the most expensive electricity in the EU, but with the wholesale price of gas expected to fall this year, further price decreases may be on the horizon.

Will Electricity Prices Increase in Ireland in 2025?

Compared to late 2023, by early 2024, electricity prices in Ireland had decreased by 1.5% from €0.3794/kWh to €0.3736/kWh.

Despite this small decrease, Irish consumers are still paying the second-highest price in the EU for electricity, after Germany.

Source: Eurostat EU Electricity Prices
Figures quoted include relevant taxes and levies applied. Last updated, February 2025.

With the average unit price already one of the highest across the EU, the average annual electricity bill is set to increase in 2025 due to the following:

• PSO Levy increase
• VAT increase
• Network charge increase
• Carbon tax increase

PSO Levy Increase

The PSO Levy for 2024/25 will increase from zero to €3.23 (excluding VAT) per month, or €38.76 per year for households. The increase took effect from 1st October 2024.

The PSO levy ensures a guaranteed price for electricity produced by renewable energy providers. The levy increases when wholesale energy prices decrease, which has happened this year.

VAT Increase

The rate of VAT on electricity bills has been reduced to 9% since 2022 in an effort to lower home energy costs.

This lower rate of VAT is set to continue until April 2025 where after it will return to its pre-2022 rate of 13.5%.

This will mean an increase in electricity bills heading into the summer months, and it is yet to be seen if suppliers will lower their prices to absorb these rising costs.

Network Charge Increases

The Commission for Regulation of Utilities (CRU) announced that regulated network charges will increase by an average of €101 per annum for residential electricity customers.

It is yet to be seen if suppliers will absorb the cost of these increases or seek to pass the cost on to the consumer.

Carbon Tax Increase

From 9 October 2024, the rate of carbon tax for petrol and diesel was increased from €56 to €63.50 per tonne. The increase will apply to all other fuels from 1 May 2025.

The tax is aimed at reducing Ireland's use of fossil fuels by encouraging people to make more environmentally sustainable choices when it comes to their use of gas, petrol and diesel, home heating oil and other carbon emitting fuels.

While the Carbon Tax is not applied to electricity only customers, gas and dual fuel customers will see an increase in their monthly bills.

What Can I Do About Electricity Prices in Ireland?

Consumers can take action to reduce their electricity bills on an individual basis.

Even small changes in your energy habits will help keep your costs low and make your cost of living a lot easier. The first things customers can do is to ensure the following:

• Compare Your Provider
  Compare the electricity market and make sure you are with a reputable provider with a fair cost of electricity.
• Check Your Prices
  See our average cost of electricity guide to compare your utility bills to the average home to have an idea of what is a fair cost.
• See the Latest Offers
  Visit our cheapest electricity in Ireland guide to see the latest offers and think about switching electricity provider.
• Improve Your Home Efficiency
  Reduce your electricity consumption to save on bills.

If you have a bigger budget and would prefer to have a larger impact on your energy consumption, you should explore the following suggestions:

• Install a smart thermostat to heat your home more efficiently.
• Upgrade your windows and doors to improve heat retention.
• Insulate your attic and cavity walls to increase your home's energy efficiency.
• Replace your boiler with a more efficient model.

If any of these large renovation projects interest you, be sure to look at the latest SEAI Home Energy Grants for ideas on what you can do this year to lower your energy use.

Every little action will count in helping you lower costs, as electricity prices in Ireland remain high.

By Cormac Breen

Content Manager

Cormac is Selectra.ie's energy expert along with being the chief content and editorial manager for the website. His aim is to help find the best deal for you and your home energy needs so that you save money on your annual bills. His knowledge and experience of the Irish energy market allows him to offer the best advice and insight into current prices, emerging trends and overall energy saving tips.