Major €500 electricity bill boost for thousands of Irish as company offers deal

THOUSANDS of Irish households could save as much as €500 on their energy bills by making a simple switch.

A popular utility company that supplies over 750,000 Irish customers with energy is offering a whopping discount on their plans.

The move comes as the cost-of-living crisis continues to cripple the pockets of people across the country and when high energy prices are still a burden for many households.

Bord Gais Energy is currently offering a 33 per cent discount to new customers.

Currently, households on standard rates are paying around 36 or 37 cent for their electricity – but the Bord Gais Energy discount will equate to a unit rate of just over 24 cent including VAT.

According to bonkers.ie, this means Irish households could save up to €500 per year by availing of the deal and switching electricity providers.

Customers hoping to avail of the new offer must pay by direct debit and agree to standard billing and a one year contract with a variable tariff.

When the one year is up, you can roll over onto a five per cent discount or switch electricity suppliers again.

And Bord Gais aren’t the only company offering Irish households with the opportunity to save their cash.

Electric Ireland is offering a 30 per cent electricity discount and a €100 welcome bonus to new customers.

This offer kicked in yesterday and is available on a 12 month contract

You can do a full comparison of all deals available on the bonkers.ie energy comparison service. 

Meanwhile, SSE Airtricity – which reduced home energy prices by 12.8 per cent for their thousands of customers in February – has confirmed new changes will apply to bills from July 1.

Tens of thousands of householders will benefit from the latest price slash.

Customers will see a 10 per cent reduction in electricity and gas – which will translate to a €150 saving on their electricity annual plan and €100 on their gas annual plan.

Dual fuel plan customers will save €254 per year based on the same price cuts.

Its standing charge will remain unchanged.

AUTOMATICALLY APPLIED

The decrease will automatically apply to all customers on a variable tariff, but those on fixed-rate tariffs will see no change.

Customers on direct debit and eBilling dual fuel smartsaver standard tariffs will benefit from total savings of €998.64 on their estimated annual bill following the price decrease in February and last November.

Speaking last month when the new rates were introduced, Klair Neenan, Managing Director of SSE Airtricity said: “We are happy to be able to announce a price decrease, following our most recent price decrease in February.

“We have worked hard over the last couple of years to support our customers and we remain committed to passing on reductions as soon as it is possible to do so.

“We are also committed to delivering energy solutions that practically support individuals and communities on their path to net-zero.

“SSE Airtricity’s recently launched Generation Green Community Fund is an example of our support for local communities, who are at the heart of the transition to net zero.

“Only through collective efforts will we achieve tangible impact and our climate targets.                               

“We hope today’s announcement is welcome news for households. As always, we encourage any customer experiencing difficulty with their bills to contact us in confidence – we will work with them to find a solution.”

Darragh Cassidy, Head of Communications at Bonkers.ie, said the move is likely going to force other suppliers to act.