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Average Wholesale Price Today

 €/kWh

Cheapest Time

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 €/kWh

Most Expensive Time

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 €/kWh

These are wholesale (day-ahead) market prices — the raw cost of electricity before VAT, not the unit rate you pay. Your bill also includes supplier margin, network charges, the PSO levy, a standing charge and VAT, so the price per kWh on your bill is typically several times higher. What's added on top, and when is this useful? ↓

Take a look at tomorrow's electricity prices now ↓

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What Is the Electricity Price at the Exchange Today?

The lowest electricity price today (11/09/2026) is between and and is €/kWh. The highest price is today between and . Then it will be €/kWh.

Below you will find today's electricity prices 11/09/2026, displayed in Euro per kilowatt-hour (€/kWh). Use the Hour / 30 minutes switcher at the top of the page to change the resolution — Irish wholesale prices settle in half-hour periods.

The Selectra Electricity Price Tracker: Current Electricity Prices by Time 11/09/2026

Cheapest   Mid-range   Most expensive.

Source: ENTSOE. Prices displayed in kWh.

Electricity Price Tomorrow: 12/09/2026

The lowest electricity prices tomorrow (12/09/2026) are between and . Then they will cost €/kWh. The highest prices tomorrow are between and and will then be €/kWh.

Below you will find the electricity prices for 12/09/2026, stated in Euro per kilowatt-hour (€/kWh). Use the switcher at the top of the page to view them by hour or 30 minutes.

Selectra Dynamic Price Checker: Dynamic Energy Prices per Hour 12/09/2026

Cheapest   Mid-range   Most expensive.

Source: EPEX SPOT. Prices displayed in kWh.

Compare in the graphs below the prices per hour of today and tomorrow.

Comparison: Today vs Tomorrow

Ireland — Source: EPEX SPOT

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What Is the Selectra Electricity Price Tracker?

The Selectra Price Tracker shows you the hourly price of electricity as traded on the EPEX SPOT electricity exchange. There, electricity prices are determined in real-time based on supply and demand.

With the Selectra Electricity Price Tracker, you can see exactly when electricity is particularly cheap or expensive.

This is especially useful if you use a dynamic time-of-use tariff, as you can adjust your consumption to take advantage of cheaper times during the day.

Why the Selectra Electricity Price Tracker Is Helpful for You

  • Real-time price information: The tracker provides you with current prices directly from the EPEX SPOT electricity exchange, so you always know how much your electricity costs.
  • Cost savings: By focusing your electricity consumption during cheaper price times, you can significantly reduce your electricity bill.
  • Optimization of energy consumption: The tracker not only helps you find the cheapest time for electricity but also shows you how to plan your consumption to match the fluctuating prices on the electricity exchange.
  • Transparency: With the Selectra Electricity Price Tracker, you have full control over your energy costs and can make informed decisions.
Who Are Dynamic Electricity Tariffs Good For?
Dynamic electricity tariffs are particularly suitable for owners of electric cars because they offer the possibility to shift your electricity consumption to cheaper times of the day. This allows you to charge your EV at a time when the electricity price is lower, optimizing your electricity costs! But even without an electric car, these tariffs can be advantageous. Those who adjust their electricity consumption patterns to the cheaper times – whether it be for the washing machine, dishwasher, or other appliances – can also benefit from significant savings.

How Much Could You Save by Shifting Your Usage?

On a dynamic tariff, the price you pay follows the hourly curve above. The savings come from moving flexible, high-power tasks — EV charging, the dishwasher, the washing machine or the tumble dryer — out of the evening peak and into the cheapest hours.

A worked example

Take a household using 4,200 kWh a year, with roughly a third of that (about 1,400 kWh) in flexible loads it can time freely. Today the gap between the cheapest and most expensive hour is about 0.1383 €/kWh. Shifting those flexible loads from peak to the cheapest hours would be worth roughly:

1,400 kWh × 0.1383 € ≈ €194 per year

Illustrative only, based on today's price spread. Actual savings depend on your tariff, your consumption and how much load you can realistically move — and the peak-to-trough gap changes every day.

Development of the Average Electricity Price

Below are graphs showing the development of the average electricity prices.

Average Daily Spot Price in Ireland

Source: EPEX SPOT

Average Monthly Spot Price in Ireland

Source: EPEX SPOT

Spot Price Calendar: the Last 12 Months. Each square below is a single day over the past year. The greener the square, the cheaper the average spot price that day; the redder, the more expensive. It is an easy way to see the seasonal pattern — expensive winter months versus the cheaper spring and summer. Hover or tap a day to see its price.

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
M. W. F. S
Cheaper
More expensive

Source: ENTSO-E. Day-ahead spot price for Ireland in €/MWh. Updated daily.

How Do Irish Electricity Prices Compare in Europe?

Ireland trades inside the wider European day-ahead market, but prices vary a lot from one country to the next depending on the generation mix, interconnection capacity and the weather on the day. The map below shows today's average spot price (in €/MWh) across European bidding zones, with Ireland highlighted — hover or tap a country to see its price and where it ranks.

Spot electricity price by country — 12 September 2026
Countries of Europe
SE
50
FI
89
EE
102
LV
166
IE
174
IT
212
Rank Bidding zone Price (€/MWh)
1 Norway 4 25
2 Sweden 1 43
3 Sweden 2 49
4 Sweden 3 52
5 Sweden 4 55
6 Finland 89
7 Estonia 102
8 Norway 3 104
9 Spain 118
10 Portugal 118
11 Norway 1 129
12 France 131
13 UK 135
14 Netherlands 137
15 Norway 5 137
16 Denmark 1 138
17 Germany 138
18 Belgium 139
— European average 143
19 Czech Republic 143
20 Denmark 2 143
21 Norway 2 145
22 Slovakia 147
23 Slovenia 149
24 Austria 150
25 Switzerland 150
26 Croatia 150
27 Bulgaria 153
28 Hungary 153
29 Romania 155
30 Greece 162
31 Poland 164
32 Lithuania 166
33 Latvia 166
34 Ireland 174
35 Sardinia 184
36 Italy 194
37 North 215
38 Calabria 217
39 Center North 217
40 Center South 217
41 South 217
42 Sicily 234

Prices in EUR/MWh, European day-ahead market (latest available day). Each country on the map is coloured by its day-ahead price; countries with several bidding zones (Norway, Sweden, Denmark, Italy) are coloured by their zone average, and listed zone by zone in the table. Source: ENTSO-E.

How Is the EPEX SPOT Electricity Price Calculated?

The EPEX SPOT electricity price is formed through trading on the EPEX SPOT, an electricity exchange that represents the spot market for electricity.

The spot market refers to the short-term trading, where the electricity price for the next day or for the specific time is determined. The EPEX SPOT electricity price is determined by the interaction of supply and demand.

The process is as follows:

  • Supply and demand: Electricity producers (e.g., wind power, solar, or fossil fuel plants) and electricity traders offer their electricity at different prices. At the same time, electricity providers, network operators, and traders specify their purchase prices.
  • Market clearing: On the EPEX SPOT, the electricity price is determined by an auction where the balance between supply and demand is achieved. The resulting price is called the market clearing price or "clearing price", which ensures that the offered quantity of electricity matches the demanded quantity.
  • Hourly price formation: The electricity price is set for each hour of the next day, with prices varying according to demand. During times of high demand, such as mornings or evenings, prices often rise, while they tend to fall during times of lower demand, such as at night.
  • Renewable energy and weather factors: The price can also be influenced by the share of renewable energy. When wind power or solar production is high, electricity generation is high, which can lead to a falling price. When the production of renewable energy is low, such as on windless or cloudy days, prices typically rise due to the higher demand for electricity from fossil sources.

Ready to Switch and Save on Your Energy Bills?

Our energy experts at Selectra can help you secure a great rate for your home - completely free.

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This is a free call from Ireland. Selectra agents can assist you with comparing and switching energy providers on weekdays between 9 am and 5.30 pm.

Frequently Asked Questions About The Current Electricity Price on the Exchange

No. The figures on this page are the raw wholesale (day-ahead) market price — what electricity costs to buy on the market, before VAT. They are not the unit rate on your bill. Your final price adds several components on top, so what you actually pay per kWh is typically three to four times higher than the wholesale price shown here.

The exchange price is only part of the total costs. In addition to the electricity price, additional costs such as network charges for the transport of electricity, taxes, and levies (e.g., PSO levy and VAT), as well as distribution costs for administration and customer service are incurred. Moreover, electricity providers often calculate price buffers to protect against price fluctuations.

Not yet for households. Irish residential plans are fixed or variable unit rates — including standard, day/night, EV night-rate and smart time-of-use plans — but none pass the half-hourly wholesale price straight through to you the way dynamic tariffs do in the Nordics or the Netherlands. So this tracker shows where the market is, not a tariff you can sign up to today.

It helps you understand why retail prices move (suppliers' rates follow the wholesale trend, with a lag), gives context when you switch or fix a plan, and — if you're on a day/night, EV or smart time-of-use tariff — shows roughly when demand and prices are lowest, so you can time heavy use such as EV charging, the dishwasher or the tumble dryer.

The electricity price on the exchange is influenced by several factors. These include primarily the supply and demand situation on the market, the availability of renewable energy such as wind and solar energy, and weather-related factors. Also, political decisions and regulatory changes, such as subsidies for renewable energy or changes in CO2 prices, can affect the price.

Irish wholesale prices are among the higher ones in Europe for a few structural reasons. The grid leans heavily on imported gas to set the marginal price, especially when wind output is low; Ireland has limited interconnection with other markets, so it cannot always import cheaper power; and it has no nuclear or large-scale hydro baseload of the kind that keeps prices low in France, Norway or Sweden. On calm, cloudy days — when wind and solar generate little — expensive gas plants set the price and the spot price rises. You can see how Ireland compares with its neighbours in the European price map above.

Further Reading