Panda Power entered the electricity market in 2015 and the gas market in 2018. Panda Power’s main selling points are that it is a green electricity supplier and sources energy from renewables such as wind, solar and wave energy. Read on to find out if you should make the switch to this renewable energy supplier.

Who is Panda Power?

Panda Power launched in 2015 as an electricity-only provider. In February 2018, the supplier began supplying gas and dual-fuel plans as well. It now has around 65,000 energy customers across Ireland.

Panda Power provides 100% renewable electricity. According to the latest information from the Commission for Regulation of Utilities (CRU), the supplier has 2% of the electricity market share and 1.38% of the gas market share in Ireland.

For information on what Panda Power customers actually think of their energy supplier, check out our Panda Power reviews page.

Who owns Panda Power?

Panda Power's parent company is the successful recycling company Panda. It is also part of the Beauparc Utility Group, who's businesses include Panda, Greenstar, WSR, A1 Skips, New Earth Solutions, OZO, Mahons, Spanners and Bioverda. In early June 2021, Australian company Macquarie agreed to acquire Beauparc from founder Eamon Waters and Blackstone Tactical Opportunities Fund.

Panda Power Rates

Panda Power has a range of different tariffs available for new customers. To help you find the cheapest deals, we've outlined the various Panda Power offers below in the following order:

  • Electricity rates and offers
  • Gas rates and offers
  • Dual fuel offers
  • Panda Power Waste offers
  • Panda Power rates compared to other energy providers

Selectra can help you save money on your energy bills.Our energy advisers can help you find a better energy offer for your home. Call 1800 816 036 or get a free callback now.

Panda Power Electricity Rates

In addition to its standard electricity unit rate, Panda Power also offers a discounted unit rate of 28% off. You'll find the Panda Power electricity unit rates in the following table according to meter type. All rates include VAT.

Panda Power Electricity Price per kWh
Meter Type Standard 28% Discount
24 Hour 24.37c/kWh 17.55c/kWh
Day 26.24c/kWh 18.89c/kWh
Night 12.72c/kWh 9.16c/kWh
Last updated: June 2021

In addition to paying for the electricity that you use, you must also pay fixed costs. These include the following two costs:

  • Electricity standing charge — This covers the costs of maintaining the electricity network.
  • PSO Levy — This Government mandate supports generating electricity from sustainable sources.

Panda Power's fixed electricity costs are in the following table.

Panda Power Fixed Electricity Costs
Meter Type Standing Charge PSO Levy Total Fixed Costs
24 Hour Urban €188.42/year €88.80/year €277.22
24 Hour Rural €230.17/year €88.80/year €318.97
Night Saver Urban €229.12/year €88.80/year €317.92
Night Saver Rural €298.01/year €88.80/year €386.81
Last updated: June 2021

Now that we've covered the electricity rates, let's compare the total annual electricity costs for the average home, which consumes 4,200 kWh of electricity per year. In addition to the 28% discount off the unit rate, Panda Power also offers €100 cashback.

Panda Power Annual Electricity Costs
Meter Type Standard 28% Discount 28% Discount + €100 cashback
24 Hour €1,300.76 €1,014.47 €914.47
24 Hour Rural €1,342.51 €1,056.23 €956.23
Night Saver Urban €1,136.08 €907.06 €807.06
Night Saver Rural €1,204.97 €975.95 €875.95
Calculations based on average consumption figures. Last updated: June 2021

The discounted Panda Power electricity bundle includes the following:

  • One year contract
  • Variable energy rates
  • Direct debit
  • 100% renewable electricity
  • Online account management
  • Paperless billing

Panda Power Gas Rates

Unlike electricity, Panda Power gas rates don't vary according to location or meter type. In addition to its standard offer, Panda Power offers a discounted gas offer with a 30% discountoff the unit rate only.

You can find the standard and discounted Panda Power gas rates below. We have also calculated the estimated annual gas bill for the average household, which consumes 11,000 kWh of gas annually.

Panda Power Gas Rates
Cost Type Standard 30% Discount
Unit Rate 6.78/kWh 4.75/kWh
Standing Charge €103.40/year €103.40/year
Carbon Tax 0.688c/kWh 0.688c/kWh
Estimated Annual Cost €924.88 €834.31
Calculations based on average consumption figures. Last updated: June 2021

You'll get the following with the discounted Panda Power gas bundle:

  • One year contract
  • Variable energy rates
  • Direct debit
  • Online account management
  • Paperless billing

Panda Power Dual Fuel Offers

With the Panda Power dual fuel bundle, customers get 28% off gas and electricity unit rates and €125 cashback. In the table below, we compare the estimated annual bill for the average home on the standard offer and with the discounts.

Panda Power Annual Dual Fuel Costs
Meter Type Standard 28% Discount 28% Discount + €125 cashback
24 Hour €2,225.64 €1,730.66 €1,605.66
24 Hour Rural €2,267.39 €1,772.42 €1,647.42
Night Saver Urban €2,060.96 €1,623.32 €1,498.32
Night Saver Rural €2,129.85 €1,692.21 €1,567.21
Calculations based on average consumption figures. Last updated: June 2021

The discounted dual-fuel bundle consists of the following:

  • One year contract
  • Variable energy rates
  • Direct debit
  • 100% renewable electricity
  • Online account management
  • Paperless billing

Panda Power Waste Offers

Panda waste customers get a discount on their energy rates, as well as money off their waste bills with Panda. This offer comes in the following two forms:

  • Triple Utility Saving Bundle — This is for dual fuel customers. Get 28% off your gas and electricity unit rates, as well as 28% off your waste bills.

  • Triple Utility Saving Bundle — Electricity only customers get 28% off their electricity and 28% off Panda waste bills.

How do Panda Power prices compare to other energy suppliers?

In the table below, you can see how the cheapest dual-fuel offer with Panda Power compares to those with other suppliers.

Cheapest Duel Fuel Offer per Supplier
Supplier Best offer Price per year
Bord Gáis Energy 31% Electricity discount
40% Gas discount
Electric Ireland 8.5% Dual fuel discount
€365 Cashback
Energia 36% Electricity discount
35% Gas discount
€35 Cashback
Flogas 31% Dual fuel discount €1,571.27
Iberdrola 29% Duel fuel discount €1,590.73
Panda Power 28% dual fuel discount
€125 Cashback
PrePayPower Standard €2,114.65
SSE Airtricity 10% Dual fuel discount
€270 Cashback
Find the best offer for your home. Find the best offer for your home.

*Figures are for illustrative purposes only. All discounts and cashback have been applied to the price. Calculations based on average consumption figures for an urban home with a 24-hour standard meter. Last updated: May 2021

Panda Power Price Changes

electric prices

Panda Power standard gas and electricity prices will increase by 9.8% on 25 June 2021. With this price increase, the average electricity bill will increase by around €140 per year and the average gas bill will increase by around €100 per year. Customers on discounted plans will see less of an increase in their bills.

In regard to the price increase, Panda Power Managing Director Brendan Traynor stated the following: “The decision to increase prices is unfortunate but is unavoidable under the circumstances. We remain committed to offering our customers long-term value and discounted rates each year that they are with us.”

Panda Power recently increased its standard electricity rates in April 2021 by 7.5%. This added around €85 to the average annual electricity bill.

Panda Power Login

Panda Power’s online offering, My Panda Power, is a basic and straightforward portal where you can pay your Panda Power bill or submit meter readings. You can also submit meter readings and pay bills without registering, which is a great option for when you’re in a rush.

There is currently no App available for Panda Power, but we hope they add one in the future. Energy apps are much more comfortable for mobile phone users, letting them manage their account and submit meter readings on the go.

To register and be able to use Panda Power’s login page, simply head to the main panda power page. Then click on “My Panda Power” in the top right corner. The page should look similar to the image below.

My Panda Power login screenshot
source: My Panda Power

Then click on the “Register Here” letters in green, directly under the sign-in button. You’ll then need to enter your Account ID, followed by personal contact details.

Your Account ID should be on any bill you have received from Panda Power, or in your welcome pack. If you have trouble finding it or are having other issues with trying to register for a My Panda Power account, then get in touch with Panda Power customer service.

Stuck logging in?Call one of our knowlegeable advisers and get logged in in minutes. Call 1800 816 036 or get a free callback now.

Fuel mix: How does Panda Power generate electricity?

Panda Power provides 100% renewable electricity. The electricity is sourced from wind, solar, biogas and wave energy. Other suppliers that provide 100% renewable electricity include the following: Energia, SSE Airtricity, Pinergy and Iberdrola.

Panda Power Contact

The Panda Power contact number is 1890 686 868. Sales and customer service teams can also be contacted by email or by post. Representatives are available Monday to Friday from 9 a.m. to 5:30 p.m. You can find all of the Panda Power contact details in the table below.

Talk to a real person – Fast! Speak to one of Selectra's energy advisers for free now!You won't have to talk to a machine or wait on hold for hours. Our free service will put you through to a real person without the wait. Call 1800 816 036 or get a free callback now.

Panda Power contact information
Contact method Contact detail
Phone number 1890 686 868
Email address (customer service)
Email address (to switch)
Mailing address Panda Power, Ballymount Road Upper, Ballymount, Dublin 24

Some reasons you may need to contact Panda Power include the following:

  • To submit a meter reading
  • To pay a bill
  • To change your payment date
  • For queries related to your bill
  • To close your current Panda Power account

Customers can also reach out to Panda Power via Facebook or Twitter (PandaPowerLtd).

Panda Power FAQs

We answer some frequently asked questions that customers have about Panda Power below.

How do you pay Panda Power?

Panda Power customers can either pay via direct debit or on receipt of a bill. To pay your bill, you can use Panda Power's secure online payment and pay with either a credit or debit card. You will need to provide the following details to pay your bill online:

  • Your Account Number
  • An invoice number
  • The amount you wish to pay

Does Panda Power offer PAYG?

Panda Power does not provide PAYG tariffs to the general public except in genuine cases of financial hardship and for customers with energy payment arrears.

PAYG is sometimes unsuitable for Vulnerable and Critical Care customers as it violates government-mandated protection for consumers in these categories (such as energy suppliers being unable to disconnect them during the harsh winter months). If you think you might need a PAYG meter, give Panda Power a ring and check.

Does Panda Power offer business energy?

Yes, Panda Powers provides energy for small, medium and large businesses across Ireland. To get a business energy quote, simply go to the Panda Power homepage and click the blue button in the top right corner that says "Business Energy". Identify the size of your business and click the blue button in its respective box that says "Get a Quote".

How do I switch my energy to Panda Power?

Switching to Panda Power is relatively easy and can be done online or by calling. You'll need to have your MPRN number for electricity and/or your GPRN number for gas. You can find them on any previous bills, or by calling ESB Networks for your MPRN, and Gas Networks Ireland for your GPRN.

You will also need to provide your bank details (if you’re going to set up a Direct Debit), and a current meter reading.

How do I cancel my subscription to Panda Power?

If you are staying at your current property, you can simply close your Panda Power account by signing up with a different energy provider. The new provider will inform Panda Power that you are leaving and take care of the switch for you.

If you are moving home, you should contact Panda Power on 1890 68 68 68 to close your account.

No matter if you are moving or switching to a different supplier, you may be liable for exit fees should you close your account whilst in contract.

Does Panda Power charge and exit fee?

Panda Power charges an exit fee of €50 per fuel if you wish to cancel your contract after the 14-day cooling-off period. If your contract has ended and you are placed on the standard rates, you will not be charged and exit fee for leaving.

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.

Read more about Panda Power