What Are Electric Ireland Rates for 2024?

From 1st March 2024, Electric Ireland is offering €1,394.40 a year for its electricity only deal. Discover more of Electric Ireland’s rates and offers in our comprehensive Electric Ireland rates guide!

Electric Ireland price cuts from 1st March 2024 Electric Ireland has announced it will be cutting its electricity prices by 8% and gas prices by 7% to benefit 1.1 million customers in response to the easing energy crisis. The cuts will be effective from 1st March 2024.

What Are the Electric Ireland Rates Like?

As the biggest supplier in Ireland with 45% of the market share, Electric Ireland has the ability to offer some really competitive tariffs compared to other smaller providers. Electric Ireland currently offer the third cheapest electricity and gas rates when it comes to their electricity only plan, however there is still some variety when it comes to their other tariffs. If you’re already a customer, you can check out your rates on your Electric Ireland login page.

What Are the Latest Electric Ireland Price Changes?

The latest Electric Ireland rates change will be effective from the 1st March 2024 and is a 9% cut in the price of electricity and a 7% cut in the price of gas. This is the latest in a number of price cuts and rises that have occurred during the energy crisis. Here’s a timeline of all the Electric Ireland price changes:

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How Do the Electric Ireland Rates Compare?

Electric Ireland currently have the third cheapest estimated annual bill (EAB) in Ireland. However they rank differently depending on the type of meter and the type of deal you have. Here’s where they rank for each different situation:

As you can see, there is some variety when it comes to Electric Ireland’s rates and offers and in some cases it can be the cheapest. It’s important to find those rates that best suit your own situation, especially if you need a Nightsaver plan.

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What Are the Electric Ireland Electricity Rates?

Electric Ireland is currently offering €1,394.40 a year for its electricity only deal for its urban customers and this is offered with a 24% discount. Here’s an overview of what Electric Ireland has to offer for their electricity only customers:

24% Discount

EAB from

€1,394

40 /year

12 months fixed

Urban Meter

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Urban 24hr

• Unit Rate: 27.23c /kWh
• Standing Charge: €250.77
• EAB: €1,394.40

Urban Nightsaver

• Day Rate: 29.08c /kWh
• Night Rate: 14.34c /kWh
• Standing Charge: €341.24
• EAB: €1,252.98

Urban Night Storage

• Unit Rate: 27.23c /kWh
• Night Rate: 14.34c /kWh
• Standing Charge: €263.42
• EAB: €1,136.37

Electricity Only

Exit Fee: €50

24% Discount

EAB from

€1,459

62 /year

12 months fixed

Rural Meter

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Rural 24hr

• Unit Rate: 27.23c /kWh
• Standing Charge: €314.98
• EAB: €1,458.62

Rural Nightsaver

• Day Rate: 29.08c /kWh
• Night Rate: 14.34c /kWh
• Standing Charge: €413.13
• EAB: €1,324.88

Rural Night Storage

• Unit Rate: 27.23c /kWh
• Night Rate: 14.34c /kWh
• Standing Charge: €327.63
• EAB: €1,200.58

Electricity Only

Exit Fee: €50

Last updated: February 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

What Are the Electric Ireland Rates for Smart Meters?

Electric Ireland has number of offers for smart meters. For their standard smart tariff, it’s around €1,438.16 a year for an urban meter.

5.5% Discount Smart

EAB from

€1,727

19 /year

Variable

Standard Smart Tariff

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Urban Smart Meter

• Peak Rate: 39.30c /kWh
• Day Rate: 36.83c /kWh
• Night Rate: 19.35c /kWh
• Standing Charge: €250.77
• EAB: €1,727.19

Rural Smart Meter

• Peak Rate: 39.30c /kWh
• Day Rate: 36.83c /kWh
• Night Rate: 19.35c /kWh
• Standing Charge: €314.98
• EAB: €1,791.40

Electricity Only

Exit Fee: €50

However, Electric Ireland also have a number of different offers for smart meters that will depend on the type of home your in and how you want to use your smart meter:

What Are the Electric Ireland Gas Rates?

Electric Ireland’s gas rate is currently €1,396.81 a year for its urban gas customers with a 14% discount. This rate is a 7% drop effective from 1st March 2024. Here’s what you can expect from the plan:

14% Discount

EAB from

€1,343

98 /year

12 months fixed

Gas Tariff

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• Unit Rate: 9.84c /kWh
• Standing Charge: €155.96
• EAB: €1,343.98

Gas Only

Exit Fee: €50

Last updated: February 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

What Are the Electric Ireland Rates for Dual Fuel?

Electric Ireland’s best dual fuel rate is for €2,659.15 including both the electricity and the gas. These are offered with a 24% discount both on the electricity and the gas. Here’s a breakdown of what the Electric Ireland dual fuel offers are:

24% Discount

EAB from

€2,401

12 /year

12 months fixed

Standard Urban Tariffs

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Standard Urban 24 Hour

• Unit Rate: 27.23c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €406.72
• EAB: €2,659.15

Standard Urban Night Storage

• Unit Rate: 27.23c /kWh
• Night Rate: 14.34c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €419.38
• EAB: €2,401.12

Standard Urban Smart Meter

• Peak Rate: 31.60c /kWh
• Day Rate: 29.62c /kWh
• Night Rate: 15.57c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €406.72
• EAB: €2,702.91

Standard Urban Nightsaver

• Day Rate: 29.08c /kWh
• Night Rate: 14.34c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €497.19
• EAB: €2,517.73

Urban

Exit Fee: €100

24% Discount

EAB from

€2,465

33 /year

12 months fixed

Standard Rural Tariffs

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Standard Rural 24 Hour

• Unit Rate: 27.23c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €470.93
• EAB: €2,723.37

Standard Rural Night Storage

• Unit Rate: 27.23c /kWh
• Night Rate: 14.34c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €483.59
• EAB: €2,465.33

Standard Rural Smart Meter

• Peak Rate: 31.60c /kWh
• Day Rate: 29.62c /kWh
• Night Rate: 15.57c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €470.93
• EAB: €2,767.12

Standard Rural Nightsaver

• Day Rate: 29.08c /kWh
• Night Rate: 14.34c /kWh
• Gas Rate: 9.12c /kWh
• Standing Charge: €561.40
• EAB: €2,581.94

Rural

Exit Fee: €100

Last updated: February 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

What Are the Electric Ireland Pay As You Go Rates?

Electric Ireland offers two different Pay As You Go options. There is the Smarter Pay As You Go for €2,056.92 and the Smarter Pay As You Go Nightsaver plan for €1,804.75. With both plans you will need to have a smart meter in order to do your Electric Ireland top up! Here are the two plans in detail:

Pay As You Go

EAB from

€2,039

78 /year

Variable

Urban Meter

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SPAYG Electricity Urban

• Unit Rate: 38.95c /kWh
• Standing Charge: €272.61
• Prepay Service: €131.45
• EAB: €2,039.78

SPAYG NightSaver Urban

• Day Rate: 41.59c /kWh
• Night Rate: 20.51c /kWh
• Standing Charge: €357.19
• Prepay Service: €131.45
• EAB: €1,792.92

Electricity Only

Exit Fee: €0

Pay As You Go

EAB from

€2,109

56 /year

Variable

Rural Meter

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SPAYG Electricity Rural

• Unit Rate: 38.95c /kWh
• Standing Charge: €342.39
• Prepay Service: €131.45
• EAB: €2,109.56

SPAYG NightSaver Rural

• Day Rate: 41.59c /kWh
• Night Rate: 20.51c /kWh
• Standing Charge: €435.32
• Prepay Service: €131.45
• EAB: €1,871.05

Electricity Only

Exit Fee: €0

Last updated: February 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

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Does Electric Ireland Have Any Green Tariffs?

Electric Ireland does offer green tariff where the rate is slightly higher but for 100% renewable energy. This means that the electricity generated for your home on this tariff is powered through solar panels and wind energy. Electric Ireland’s best green tariff is available from €1,680.15 for electricity only on an urban meter. Here’s a list of all the green tariffs on offered by Electric Ireland:

5.5% Green Discount

EAB from

€1,680

15 /year

12 months fixed

Urban Meter

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Urban 24hr Green

• Unit Rate: 34.03c /kWh
• Standing Charge: €250.77
• EAB: €1,680.15

Urban Night Storage Green

• Unit Rate: 34.03c /kWh
• Night Rate: 18.04c /kWh
• Standing Charge: €263.42
• EAB: €1,356.87

Electricity Only

Exit Fee: €50

5.5% Green Discount

EAB from

€1,744

36 /year

12 months fixed

Rural Meter

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Rural 24hr Green

• Unit Rate: 34.03c /kWh
• Standing Charge: €314.98
• EAB: €1,744.36

Rural Night Storage Green

• Unit Rate: 34.03c /kWh
• Night Rate: 18.04c /kWh
• Standing Charge: €327.63
• EAB: €1,421.08

Electricity Only

Exit Fee: €50

Last updated: February 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

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