Beat the Price Increases and Save Money on Electricity in 2026
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29% discount
Variable Rate
35% discount
As of early 2026, fixed-rate electricity plans have been withdrawn from the Irish market. Flogas, the last major supplier to offer a price guarantee, has joined providers like SSE Airtricity in pivoting exclusively to variable and smart tariffs. While fixed rate electricity previously offered protection against market volatility, customers must now look to discounted variable plans or upcoming dynamic pricing to manage costs. If you need help navigating the new market landscape, call 📞(01) 913 1771.
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As of March 2026, fixed rate electricity plans have virtually disappeared from the Irish residential market.
While suppliers previously used them to attract customers, the current landscape is dominated by:
Flogas has pivoted its strategy, moving away from its famous "Price Guarantee" fixed plans toward more flexible discounted variable and smart meter options, including:
The withdrawal of fixed-rate deals by Flogas and SSE Airtricity is due to three main factors:
| Supplier / Plan | Rate Status | Sample Rate (Incl. VAT) | Est. Annual Bill (EAB)* | Current Strategy |
|---|---|---|---|---|
| Flogas (New Deals) | Discounted Variable | 27.75 c/kWh | €1,460 | 30% discount off standard variable rate. |
| Yuno Energy | Fixed/Variable Hybrid | 23.35 c/kWh | €1,289 | Currently one of the most competitive entry rates. |
*Rates and EABs are for illustrative purposes based on national average consumption (4,200 kWh).
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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.
While the unit rate and standing charge stay the same, it is important to note that government taxes and levies, such as the Public Service Obligation (PSO) levy, are still subject to change even on a "fixed" plan.
A variable rate electricity plan means the unit price can rise or fall at the discretion of your supplier.
These tariffs directly reflect changes in the wholesale energy market.
In 2026, most "discounts" are applied to these variable rates (e.g., 30% off the standard rate). If the standard rate goes up, your discounted price goes up too.
| 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 | Predictable, as the main cost per unit is known. | Harder, as prices can fluctuate with market news. |
| Market Trends 2026 | Being phased out by Flogas and SSE. | Becoming the standard, often with high initial discounts. |
Looking for a Cheaper Electricity Provider?
With few providers left offering these plans, understanding why you might still want one (or why they are disappearing) is key.
No. SSE Airtricity has withdrawn its fixed-rate electricity plans from the Irish market. They now focus on high-discount variable plans and "Smart Everyday" offerings.
Flogas, along with other major suppliers, is moving toward Smart and Dynamic Pricing as part of the national grid's 2026 modernisation. These new plans encourage customers to use energy during off-peak hours rather than offering a single flat "fixed" rate.
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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