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
Fixed Rate
32% Discount
Currently, Flogas is the only major supplier to offer fixed rate electricity plans in Ireland. A fixed rate electricity plan locks in the price you pay per unit of electricity (kWh) for the entire duration of your contract, regardless of any price increase or decrease introduced by your supplier. While SSE Airtricity previously offered these plans, they have recently moved to offer only variable rate options. If you are looking to switch electricity provider, you can call 📞(01) 913 1771.
Following recent market changes, fixed rate electricity plans are currently available from:
Flogas offers fixed electricity rates across all of their standard plans including:
Flogas actively promotes fixed-rate plans under a 1-Year Price Guarantee for new customers, providing peace of mind against market fluctuations.
They offer different fixed-rate options depending on your meter type:
| Plan Name / Meter Type | Rate Type | Sample Fixed Rate (Incl. VAT) | Estimated Annual Bill (EAB) for Average Usage* | Key Feature |
|---|---|---|---|---|
| 1 Year Electricity Fixed Rate | 24hr Meter | 24.09 c/kWh | €1,313 | Lock in your unit price for one year. |
| Day Rate | 25.18 c/kWh | €1,238 | ||
| Night Rate | 12.64 c/kWh | |||
| Smart Meter Fixed Rate | Smart Day Rate | 26.60 c/kWh | €1,240 | Fixed rates for Day, Night, and Peak usage on a Smart meter. |
| Smart Night Rate | 13.46 c/kWh | |||
| Smart Peak Rate | 32.59 c/kWh |
*Rates and EABs are for illustrative purposes and are subject to change. They are typically based on national average consumption (4,200 kWh) for a specific urban meter type, and include VAT and levies.
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A fixed rate electricity plan locks in the price you pay per unit of electricity (kWh) for the entire duration of your contract, typically 12 months.
This fixed price component covers only the unit rate; your daily standing charge remains fixed for the duration of the contract too, but government taxes and levies, such as the Public Service Obligation (PSO) levy, are subject to change.
The core benefit is that regardless of what happens to the wholesale cost of electricity during your contract term, your unit price will not increase.
A variable rate electricity plan means that the unit price you pay for electricity can rise or fall at the discretion of your supplier. These tariffs directly reflect changes in the wholesale energy market.
If the supplier's cost for buying electricity goes up, your rate will likely increase; if their cost goes down, your rate may fall. Suppliers like SSE Airtricity, Bord Gáis Energy, and Electric Ireland primarily offer these types of plans.
| Feature | Fixed Rate Tariff | Variable Rate Tariff |
|---|---|---|
| Unit Price Stability | Price is locked for the contract term (e.g., 12 months). | Price can change (increase or decrease) at any time. |
| Budgeting | Easy, as the main cost per unit is known. | Difficult, as the price can fluctuate unexpectedly. |
| Contract Length | Typically 12 months. | Open-ended or 12-month discount term. |
Looking for a Cheaper Electricity Provider?
In many cases, a fixed rate plan is cheaper than a supplier’s standard variable rate (SVR), but it may not always be the absolute cheapest option on the market if other suppliers are offering aggressive discounts on their variable plans.
| Plan Type | 24hr Unit Rate (Incl. VAT) | Estimated Annual Bill (EAB)* | Key Feature |
|---|---|---|---|
| Flogas Fixed Rate | 24.09 c/kWh | €1,313 | Unit price locked in for 1 year. |
| Flogas Discounted Variable | 27.75 c/kWh | €1,483 | Includes a 30% discount off standard unit rates. |
*Rates and EABs are based on average consumption (4,200 kWh) for a 24hr standard urban meter type, and include VAT and levies.
Are Fixed Rate Standing Charges More Expensive?
No, fixed rate standing charges are not necessarily more expensive. Their cost is determined by the specific tariff and supplier, not just the fixed-rate structure.
Since Flogas is currently the sole provider of these plans, it is important to understand the trade-offs before switching.
No. SSE Airtricity has withdrawn its fixed-rate electricity plans from the Irish market. They now focus on variable rate plans and smart meter offerings.
You will be automatically moved onto the supplier's Standard Variable Rate (SVR), which is usually their most expensive tariff. It is highly recommended to switch or renegotiate at this point.
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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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