Energy Plans Explained: A Guide for Irish Households
Understanding energy plans can be confusing. This guide will break it down simply so you can make informed choices about your electricity and gas bills.
1. Reading Your Bill
Your energy bill contains several key details:
- MPRN (Meter Point Reference Number) – This identifies your electricity connection.
- GPRN (Gas Point Reference Number) – This applies if you have gas.
- Unit Rate – The cost per unit (kWh) of energy used.
- Standing Charge – A fixed daily charge for being connected.
- PSO Levy – A government charge to support renewable energy (currently €0 for electricity).
- VAT – A 9% charge on the total bill.
2. What Energy Suppliers Actually Do
Energy suppliers sell electricity and gas to customers. They set pricing, offer discounts, and handle customer service. However, they do not generate electricity or maintain the grid.
Some of Ireland’s major energy suppliers include:
- Electric Ireland
- SSE Airtricity
- Bord Gáis Energy
- Energia
- PrepayPower
Suppliers buy energy from generators and sell it to homes and businesses.
3. Who Runs the Electricity Grid?
The electricity grid is managed by EirGrid and ESB Networks:
- EirGrid controls the national grid, ensuring electricity flows where needed.
- ESB Networks maintains the poles, wires, and meters. If there’s a power cut, ESB Networks is responsible.
For gas, Gas Networks Ireland maintains the infrastructure and delivers gas to homes.
4. Who Governs Energy Suppliers?
The Commission for Regulation of Utilities (CRU) oversees Ireland’s energy market. They ensure fair pricing, consumer protection, and reliability of supply. The Sustainable Energy Authority of Ireland (SEAI) also promotes energy efficiency.
5. How to Save Money on Your Plan
- Look for Discounts – Many suppliers offer welcome discounts for new customers.
- Choose Direct Debit & Online Billing – These options often come with savings.
- Check Your Tariff – Standard rates are expensive. A fixed-rate or discounted plan is usually cheaper.
- Reduce Usage – Switch to LED bulbs, unplug devices, and monitor heating use.
Conclusion
Understanding how energy plans work can help you make better choices and save money. Check your bill, compare deals, and switch suppliers if needed. If you have questions, your supplier or CRU can help.