Electric Ireland announces price change from August 1

Electric Ireland has announced plans to increase residential electricity bills by 10.9 per cent and gas bills by 29.2 per cent with effect from 1 August 2022.  

The increase equates to €13.71 per month on the average residential electricity bill and €25.96 per month on the average residential gas bill, based on the estimated annual bill as defined by the Commission for Regulation of Utilities (CRU).  

Commenting on the announcement, Suzanne Ward, Interim Executive Director, Electric Ireland said: 'We understand this price increase is unwelcome news for our customers.   We delayed this increase as long as we could, but unfortunately, the situation in Eastern Europe and a reduction in the reliability of gas flows has resulted in sustained higher energy costs throughout Europe.

'We have seen a very substantial increase in the cost of wholesale gas, which in turn, impacts both our gas and electricity prices.  

'We are determined to continue offering the best value we can for customers by providing one of the lowest standard electricity rates in the market. This rate is automatically available to all of our loyal customers – not just new customers. We also have flexible payment plans for those who are struggling to pay their energy bills. 

'In addition, based on feedback that last year’s Electric Ireland Hardship Fund made a real difference in customers’ lives, we have pledged €3 million to a new Hardship Fund which will operate from Autumn to help customers experiencing payment difficulties at the coldest time of the year.'

Electric Ireland offers a range of solutions to help customers with financial challenges including flexible payment plans, payment holidays, PAYG meters, Smart Meter Plans, energy use insights and energy saving tips and advice. 

Electric Ireland Estimated Annual Bill Increases 

% EAB Increase

Current EAB

Proposed EAB

Annual Change

Monthly Change

Weekly Change

Electricity 10.90%






Gas 29.20%






Dual Fuel 18.50%







How is the price increase broken down in customer bills? 

  • Customers will see their average electricity bill increase by 10.9% including PSO and VAT.  

  • Customers will see their Electricity unit rate increase by 11.35% or €10.22 per month/€122.64 per year. 

  • Customers will see their electricity standing charge increase by 11.35% or €2.36 per month/€28.32 per year.  

  • Customers will see their average gas bill increase by 29.2% including Carbon Tax and VAT.  

  • Customers will see their gas unit rate increase by 31.9% or €20.30 per month/€243.54 per year.  

  • Customers will see their gas standing charge increase by 31.9% or €3.52 per month/€42.28 per year.  

Customer Support 

At Electric Ireland we are aware that some of our customers may experience financial difficulties and uncertainty, and we have put in place a range of initiatives to support customers in such circumstances.  

  • Included is a new €3 million Electric Ireland Hardship Fund opening this autumn to help customers who have difficulty paying their bills. The fund will operate throughout the winter months and into next year to ensure customers who need assistance in paying bills are supported. Access and administration criteria for the new fund will be announced over the summer. 

  • This brings to €6 million the amount Electric Ireland has committed since winter 2020, to provide additional support to those of our customers who are experiencing difficulty in paying bills, not including bad debts. 

  • In December 2020 Electric Ireland administered €1 million to support 10,000 registered vulnerable customers via a Christmas credit 

  • In March 2021, a €2 Million Hardship Fund was announced to support customers who were having difficulty in paying bills initially as a result of the Covid pandemic and then as a result of increasing energy costs. The funds were administered by our partners SVP and MABS in the form of energy credits. 

  • As a matter of course, Electric Ireland engages with all residential customers who experience difficulty paying their bills in line with the voluntary Industry Energy Engage Code and we encourage any Electric Ireland customer who has difficulty in paying their energy bill to contact  us and we will work with them to put in place a manageable payment plan.  We have many thousands of these payment plans in place at present. 

  • Electric Ireland works with Fuel Poor customers who sign up to the Household Budget Scheme, or Industry Solution Prepayment Meter as a way to pay their energy bills and also apply a 5% discount.  

  • We also provide several flexible payment options to help customers, including an Equaliser product that enables customers to spread their energy costs in equal payments across the year or to take a payment holiday by agreeing a plan to pay their bills over 11 months instead of 12. 

  • At Electric Ireland, we are committed to providing the best value to our customers and currently offer the lowest standard unit rate in the market for electricity bills, with an available additional enduring discount rate of up to 8.5% for direct debit and e-billing customers, which reduces those unit rates further.

    Customers who are experiencing financial difficulty or having trouble paying their energy bills are asked to please call our team on 1800 372 372 or email.

Electric Ireland has supports in place for customers:

New Rates effective from 1 August 2022

Standard Rates ex. VATinc. VAT
24 Hour Standard Rate28.72c/kWh31.30c/kWh
Daytime Standard Rate30.68c/kWh33.44c/kWh
Night-time Standard Rate15.14c/kWh16.50c/kWh
Annual Standing Charges ex. VAT (€)inc. VAT (€)
24 Hour
Urban (DG1)277.91302.92
Rural (DG2)349.05380.46
Night Storage Heating14.0515.32
Urban (DG1)364.12396.90
Rural (DG2)443.77483.71
SST Rates ex. VATinc. VAT
Daytime Standard Rate31.26c/kWh34.07c/kWh
Night-time Standard Rate16.43c/kWh17.91c/kWh
Peak Standard Rate33.34c/kWh36.34c/kWh
SST Annual Standing Charges ex. VAT (€)inc. VAT (€)
Urban (DG1)277.91302.92
Rural (DG2)349.05380.46
Gas Standard Rates ex. VATinc. VAT
Standard Rate9.157c/kWh9.981c/kWh
Gas Annual Standing Chargesex. VAT (€)inc. VAT (€)
Standard Gas174.91190.65
Large Gas194.11211.58