Trystan Casey
With the surge in energy prices, switching electricity providers in Ireland can help you save on your energy bills. There are many energy suppliers offering electricity in Ireland, and choosing the right one can be daunting. You can switch providers at any time, but you may incur exit fees if you're still under contract. When switching, you'll need your MPRN (Meter Point Reference Number) and details like your Eircode, annual energy usage, and bank account details. You can compare gas and electricity prices online to find the best deal and decide if you want a dual fuel option with one provider for both gas and electricity.
| Characteristics | Values |
|---|---|
| Number of energy suppliers in Ireland | 11 |
| Energy types | Natural gas, LPG, electricity |
| Payment methods | Direct debit, cash, cheque, pre-payment meter |
| Information required to switch | MPRN (electricity) or GPRN (gas), meter reading, annual energy usage, Eircode, bank account details |
| Switching process | Compare deals, decide on payment method and contract type, contact new supplier, cancel old supplier within 14 days |
| Benefits of switching | Savings, discounted rates, cheaper tariffs, exit from standard prices |
| Drawbacks of switching | Potential exit fees for breaking a contract |
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What You'll Learn
Choosing the right energy supplier
Cost and Payment Methods
The total cost of energy is an important factor in choosing a supplier. This includes considering the unit prices, standing charges, and any potential discounts or special deals. Many of the cheapest tariffs are available to customers paying by direct debit, as it reduces administration costs for the supplier. However, other options such as cash, cheque, or pre-payment meters are also available, although they may be more expensive. Understanding your energy usage and current rates can help you make an informed decision about which supplier offers the best value.
Renewable Energy
If being environmentally conscious is important to you, consider choosing a supplier that offers renewable energy. In Ireland, there are suppliers that provide 100% renewable electricity, ensuring that your energy consumption aligns with sustainable practices.
Customer Service and Reviews
High-quality customer support is an essential aspect when choosing an energy supplier. Research the reputation of different suppliers and read customer reviews to gain insights into their level of service. This can help you select a supplier that is responsive and reliable in addressing your queries and concerns.
Contract Flexibility
Consider the flexibility offered by different suppliers in terms of contract length and exit fees. Many suppliers charge an exit fee unless you're out of contract, so understanding these terms is crucial. Additionally, some suppliers may offer flexible contracts that can accommodate fluctuations in your energy usage.
Switching Suppliers
It is recommended to switch suppliers periodically, ideally every 12 months, to guarantee the best prices. Suppliers often provide attractive discounts to new customers, so staying informed about the latest deals can help you make timely switches and save money.
By considering these factors and comparing different suppliers, you can make an informed decision when choosing the right energy supplier in Ireland, ensuring that you receive competitive rates, reliable service, and a plan that aligns with your values and energy needs.
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Payment methods
When switching electricity providers in Ireland, it is important to consider the payment methods offered by the new supplier. Suppliers often offer discounts to customers who opt for direct debit payments and e-billing. Direct debit is the most common payment type for suppliers, and it is also the most convenient for customers. When you receive your bill, it will include a date for when the payment will be deducted from your bank account, usually with two weeks' notice. To set up direct debit, you must provide your bank sort code and account number.
Pay As You Go (PAYG) electricity is another payment option available in Ireland, although it is a much more expensive option. With PAYG, you can top up your meter at any time. Some suppliers also offer discounts and special plans for customers with smart meters.
You can also pay your electricity bill in shops that display the payzone logo, using an Easypay card or a copy of your bill. Bank of Ireland customers can pay their bills at any Bank of Ireland ATM. Online banking is also an option, where you can pay through your bank's internet or telephone banking service. Remember to quote your Electric Ireland Account Number when paying online.
Additionally, some suppliers allow you to choose the date you wish to be billed and charged through their app. However, if you fail to pay by the agreed-upon payment date, the supplier may change the payment collection date, and you may be required to pay a security deposit. It is important to carefully review the payment conditions of your tariff to avoid any issues.
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Discounted rates and deals
Ireland has many energy suppliers offering natural gas, LPG, and electricity. When switching electricity providers, you will need your MPRN (Meter Point Reference Number), a recent meter reading, your annual energy usage, and your bank account details.
When looking for discounted rates and deals, it is worth noting that the cheapest electricity and gas tariffs are usually available to customers paying by direct debit. Many new tariffs are only available to customers who pay by direct debit, though other payment methods are also available. For example, you can pay by cash or cheque at a payment centre, or get a pre-payment meter installed. However, these tariffs are usually more expensive than direct debit deals.
If you are looking for the cheapest rates, it is recommended to use a comparison website accredited by the CRU. You can compare electricity rates and switch to the cheapest deal to save money. For instance, as of May 2025, you could save up to €445 by switching to the cheapest deal. You can also save money by choosing paperless billing and submitting regular meter readings.
Some electricity providers in Ireland offer discounted rates to new customers. For example, Electric Ireland offers a 28% discount on electricity and gas unit rates for new customers, as well as a €50 welcome bonus. They also offer a 16% discount on electricity unit rates for existing customers, as well as enduring discounts of up to 8.5% for Dual Fuel customers.
It is worth noting that many of the discounted deals offered to new customers usually expire after 12 months, after which you will be bumped up to the supplier's standard prices. To avoid this, you can call your supplier and ask them to extend your discount for another year, or switch to a new supplier.
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Switching suppliers
Switching electricity suppliers in Ireland can be a daunting task, given the multitude of suppliers and the range of services and deals they offer. However, with careful consideration and a few simple steps, you can make an informed decision and potentially save money on your energy bills. Here is a guide to help you through the process of switching electricity providers:
Choosing a New Supplier
Firstly, decide whether you want a "dual fuel" option, which means getting both gas and electricity from the same provider. This can often be cheaper and more convenient, as you will only have to deal with one supplier and one bill. However, it is worth comparing prices and considering separate suppliers for gas and electricity, as this can sometimes be more cost-effective.
Research and Compare Deals
With many suppliers in the market, it is essential to research and compare the various deals and tariffs on offer. Consider factors such as fixed or variable rate tariffs, standard or discounted rates, and time-of-use tariffs that offer cheaper rates during certain times of the day. Use price comparison websites or consult independent providers of energy price comparisons like bonkers.ie, which is accredited by Ireland's independent energy regulator, the Commission for Regulation of Utilities (CRU).
Gather Information
Before making the switch, gather relevant information such as your current electricity bill, your MPRN (Meter Point Reference Number) or GPRN (Gas Point Reference Number), your annual energy usage, and your bank details (IBAN and BIC) if you plan to pay by direct debit. Knowing your Eircode will also help your new supplier locate your house.
Understand Contract Terms
Pay attention to the terms and conditions of the new contract, including the length of any discounts and the total contract duration. Be mindful of "exit fees" if you are switching before your current contract ends. Additionally, note whether there are any deposit requirements and the associated policies, as suppliers are allowed to charge a deposit.
Contact Your Chosen Supplier
Once you have decided on a new supplier, contact them to set up a new account and provide them with the necessary information. They will then coordinate with ESBN (Electricity Supply Board Networks) to turn on your electricity connection and install your meter.
Cancellation and Cooling-Off Period
After completing the switch, remember that you have a cancellation or cooling-off period, typically around 14 days, during which you can cancel your new contract without incurring any penalties.
By following these steps, you can confidently switch electricity providers in Ireland, taking advantage of better deals and potentially reducing your energy costs.
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Variable vs. fixed-rate tariffs
When it comes to choosing an electricity provider in Ireland, you may feel overwhelmed by the number of suppliers and the variety of tariffs available. Understanding the difference between variable and fixed-rate tariffs can help you make an informed decision.
Variable tariffs are subject to market fluctuations, meaning your energy costs can go up or down depending on market conditions. This variability can work in your favour when energy prices drop, but you may end up paying more when prices rise. Variable tariffs can be a good choice if you want to take advantage of potential price drops and are comfortable with some uncertainty in your energy bills.
On the other hand, fixed-rate tariffs offer price stability. With a fixed-rate tariff, you lock in a unit rate for the duration of your contract, typically one or two years. This means you know exactly how much you'll be paying for your energy, regardless of market changes. Fixed-rate tariffs are ideal if you value predictability in your energy costs and want to avoid bill shocks.
It's worth noting that, while fixed-rate tariffs provide price certainty, they may not always be the cheapest option in the long run. When you sign up for a fixed-rate tariff, you're committing to that rate for the entire contract period. If energy prices drop significantly during that time, you won't benefit from the lower rates unless your supplier allows you to switch to a new deal.
To make an informed choice between variable and fixed-rate tariffs, it's important to understand your own preferences and energy usage patterns. If you prioritize stability and predictability in your energy bills, a fixed-rate tariff may be the best option. On the other hand, if you're comfortable with some variability and want to take advantage of potential price drops, a variable tariff could be a better fit. Additionally, consider the current market trends and predictions to make an informed decision.
When choosing an electricity provider in Ireland, remember to compare tariffs and suppliers to find the best deal for your needs. You can use online resources, such as comparison websites, to explore the different options available and make a well-informed decision. By understanding the characteristics of variable and fixed-rate tariffs, you can choose the option that aligns best with your budget and preferences.
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Frequently asked questions
With so many suppliers to choose from, it can be a daunting task to select a new electricity provider. It is recommended to compare gas and electricity prices online and to decide whether you want to go for a "dual fuel" option, which means having one provider for both gas and electricity. You can also avail of "smart tariffs" if you have a smart meter.
To switch electricity providers in Ireland, you will need your MPRN (Meter Point Reference Number), which is an 11-digit number found on your electricity bill. You will also need to provide your bank account details (IBAN and BIC) and personal details such as your home address, email, and contact number. It is also helpful to know your annual energy usage and current plan to get a better estimate of your expected savings.
Check when your current contract is due for renewal, as you may incur "exit fees" for breaking the contract early. Also, be aware that many discounted deals expire after 12 months, after which you will be moved to the supplier's standard prices. You can call your supplier to ask them to extend your discount or consider switching providers again to avail of new customer discounts.
