Avg. Electricity
37.26 c/kWh
▲ 14.9% vs April
Avg. Gas
13.12 c/kWh
▲ 25.9% vs April
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Electricity Price Evolution in Ireland
The chart below shows the monthly evolution of electricity prices per kWh in Ireland. The green line represents the cheapest 10% of offers on the market, the blue line the market average, and the red line the most expensive 10%.
Source: Selectra, based on supplier offers on the Irish electricity market
| Month | Market Average | Cheapest 10% | Most Expensive 10% |
|---|---|---|---|
| May 2026 | 37.26 c/kWh | 14.33 c/kWh | 50.83 c/kWh |
| Apr 2026 | 32.43 c/kWh | 27.75 c/kWh | 35.53 c/kWh |
| Mar 2026 | 28.38 c/kWh | 25.45 c/kWh | 31.33 c/kWh |
| Feb 2026 | 28.54 c/kWh | 25.45 c/kWh | 31.33 c/kWh |
| Jan 2026 | 28.03 c/kWh | 25.45 c/kWh | 30.51 c/kWh |
| Dec 2025 | 28.54 c/kWh | 25.45 c/kWh | 31.33 c/kWh |
| Nov 2025 | 27.87 c/kWh | 25.01 c/kWh | 30.51 c/kWh |
| Oct 2025 | 27.61 c/kWh | 24.41 c/kWh | 30.51 c/kWh |
| Sep 2025 | 27.58 c/kWh | 24.41 c/kWh | 31.33 c/kWh |
| Aug 2025 | 29.36 c/kWh | 23.61 c/kWh | 36.65 c/kWh |
Electricity Price Trend
Electricity prices in Ireland have increased month-over-month, moving from 32.43 cent/kWh in April to 37.26 cent/kWh in May 2026, a change of +14.9%.
The magnitude of this month's price movement is notably larger than the recent average. Electricity prices have reached their highest level in the tracked period.
Market Spread: Electricity
The gap between the cheapest 10% and most expensive 10% of electricity offers is currently 36.50 cent/kWh. This means the most expensive plans on the market charge 50.83 cent/kWh, while the cheapest charge just 14.33 cent/kWh — a significant difference that underlines the importance of comparing suppliers.
How Much Could You Save on Electricity?
A typical Irish household uses around 4,200 kWh of electricity per year. If you are on an average-priced plan (37.26 c/kWh) and switch to one of the cheapest 10% of offers (14.33 c/kWh), you could save approximately €963 per year on your electricity bill.
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Gas Price Evolution in Ireland
The chart below shows the monthly evolution of gas prices per kWh in Ireland. As with electricity, the green line represents the cheapest 10% of offers, the blue line the market average, and the red line the most expensive 10%.
Source: Selectra, based on supplier offers on the Irish gas market
| Month | Market Average | Cheapest 10% | Most Expensive 10% |
|---|---|---|---|
| May 2026 | 13.12 c/kWh | 11.56 c/kWh | 14.61 c/kWh |
| Apr 2026 | 10.42 c/kWh | 8.99 c/kWh | 11.34 c/kWh |
| Mar 2026 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Feb 2026 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Jan 2026 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Dec 2025 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Nov 2025 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Oct 2025 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Sep 2025 | 9.51 c/kWh | 7.85 c/kWh | 11.34 c/kWh |
| Aug 2025 | 9.53 c/kWh | 8.24 c/kWh | 11.34 c/kWh |
Gas Price Trend
Gas prices in Ireland have increased month-over-month, moving from 10.42 cent/kWh in April to 13.12 cent/kWh in May 2026, a change of +25.9%.
The magnitude of this month's price movement is notably larger than the recent average. Gas prices have reached their highest level in the tracked period.
Market Spread: Gas
The gap between the cheapest 10% and most expensive 10% of gas offers is currently 3.05 cent/kWh. The most expensive gas plans charge 14.61 cent/kWh, while the cheapest charge 11.56 cent/kWh.
How Much Could You Save on Gas?
A typical Irish household uses around 11,000 kWh of gas per year. Switching from an average-priced plan (13.12 c/kWh) to one of the cheapest 10% (11.56 c/kWh) could save you approximately €172 per year on your gas bill.
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Frequently Asked Questions About Energy Prices in Ireland
As of May 2026, the average electricity price in Ireland is 37.26 cent per kWh. The cheapest 10% of offers on the market average 14.33 cent per kWh. Prices are based on the plans currently available from Irish electricity suppliers.
As of May 2026, the average gas price in Ireland is 13.12 cent per kWh. The cheapest 10% of gas offers average 11.56 cent per kWh.
The Energy Price Index is updated monthly, based on the current offers available from energy suppliers on the Irish market. Each data point reflects the average, cheapest 10%, and most expensive 10% of plans at that time.
The best way to find the cheapest energy deal is to compare energy plans based on your actual usage. You can also check our guide to the cheapest electricity in Ireland for a detailed comparison of current offers.