Average Electricity Price
0 €
kWh
Cheapest Time
00:00 - 00:30
0 €/kWh
Most Expensive Time
00:00 - 00:30
0 €/kWh
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What Is the Electricity Price at the Exchange Today?
The lowest electricity price today (01/04/2026) is between 00:00 and 00:30 and is 0 €/kWh. The highest price is today between 00:00 and 00:30. Then it will be 0 €/kWh.
Below you will find today's electricity prices 01/04/2026 per hour, displayed in Euro per kilowatt-hour (€/kWh).
The Selectra Electricity Price Tracker: Current Electricity Prices by Time 01/04/2026
Source: ENTSOE. Prices displayed in kWh.
We display all electricity prices in Irish Standard Time (IST) to match your local time. You may notice that the price for the last hour of the day (23–00) is not shown. This is because this specific data point is part of the next day's forecast from our data provider.
Ready to Switch and Save on Your Energy Bills?
Our energy experts at Selectra compare all 11 Irish suppliers to find you the lowest rate for your home — completely free.
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.
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.
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
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 compare all 11 Irish suppliers to find you the lowest rate for your home — completely free.
Frequently Asked Questions About the Current Electricity Price on the Exchange
Further Reading
- Ireland's Electricity and Gas Prices
- What Does a kWh Mean?
- How to Set Up a New ESB Connection
- What to Do During a Power Outage
- Gas Prices in Ireland
- European Gas Prices
- Compare Electricity Prices in Ireland
- Cheapest Electricity in Ireland
- Switch Electricity Provider
- Best Smart Meter Plans in Ireland
- Cheapest Dual Fuel Offers
- Electricity Standing Charges
- Best Microgeneration Rates in Ireland
- Best EV Tariff in Ireland
- European Electricity Prices Compared
- Today's Gas Prices
- Cheapest Pay as You Go Electricity
- Fixed Rate Electricity Plans in Ireland
- Will Irish Electricity Prices Go Up in 2026?