30-Second Overview
Commercial electricity rates vary depending on your usage, meter type, supplier and contract type. The table below shows the current range of electricity prices across Irish suppliers. For exact pricing in minutes, speak to Utilityfair's Energy Advisors. We have every supplier's latest pricing already loaded into our models and will send you a bespoke, side-by-side supplier comparison for your meter completely free.
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Current Commercial Electricity Rates in Ireland
| Business Size | Monthly Bill | 24-Hour Rate | Day Rate | Night Rate | Daily Standing Charge |
|---|---|---|---|---|---|
| Small to Medium | Below €1,500 | 29.0c - 36.5c | 31.5c - 37.8c | 19.5c - 24.5c | €0.38 - €0.99 |
| Large | €1,500 - €10,000 | -- | 28.1c - 33.5c | 19.5c - 23.9c | €3.62 - €6.75 |
| Very Large | Above €10,000 | Contact us for a bespoke quote | |||
⚡ Updated November 2026. The rates above show the current range of commercial electricity prices across Irish suppliers. Actual rates change regularly and depend on your meter category, electricity usage and contract requirements. Select an option below to get today's best available rates for your business.
Factors That Affect Commercial Electricity Rates
Three main factors impact commercial electricity rates:
- Meter Category: Whether your business has a standard 24-hour meter or a day/night (Nightsaver) meter influences the rates available. Nightsaver meters offer lower night-time rates but higher daytime rates. The breakeven point is approximately 30% night-time usage, making these tariffs suitable for businesses with significant overnight electricity consumption.
- Electricity Consumption: Large energy users benefit from volume-based discounts and bespoke pricing. Small and medium-sized businesses can secure better rates by comparing offers from all suppliers and maximising available discounts.
- Tariff Type: Fixed-rate contracts provide price certainty for up to 36 months, while wholesale trackers follow electricity market prices and change monthly. The right choice depends on your business's budget requirements and willingness to accept price volatility.
💡 Pro tip: Some plans advertise low unit rates but carry high daily standing charges, while others do the opposite. For accurate comparisons, always consider the total cost, not just the unit rate.
What Types of Commercial Electricity Contracts Are Available?
1. Fixed-Term Electricity Contracts
Fixed-term electricity contracts typically last 12–24 months.
Contract pricing includes a fixed unit rate for electricity usage and a daily standing charge.
Best for businesses looking for budget certainty and protection from electricity price volatility.
2. Wholesale Electricity Price Tracker
Wholesale electricity trackers follow power station auction prices published by SEMO (Single Electricity Market Operator).
Businesses cannot purchase electricity at the wholesale rate. Suppliers must add regulatory charges and a supplier margin on top.
Best for businesses looking for transparent pricing with potential savings in a falling market.
3. Unbundled Pass-Through Contracts
Unbundled contracts split energy and non-energy costs.
This contract type clearly shows (i) energy costs and (ii) regulatory charges such as Distribution (DUoS), Transmission (TUoS) and SEMO market charges.
Best for medium-to-large businesses with predictable energy usage.
4. Flexible Electricity Contracts
Flexible electricity contracts allow businesses to fix and unfix electricity prices during the contract term.
Businesses can typically trade blocks of 10%–25% of monthly usage at a time, providing greater control over when electricity prices are locked in.
This allows businesses to take advantage of falling electricity prices while managing exposure during periods of market volatility.
Best for larger energy users with the expertise and risk appetite to actively manage their electricity purchasing strategy.
5. Blend and Extend Contracts
Blend and extend contracts allow businesses to extend an existing contract when market prices fall.
New, cheaper rates are blended with the existing rates to arrive at a lower all-in rate. For example, if there is one year remaining on a contract at 40 c/kWh and a new contract for a further year costs 20 c/kWh, the new blended rate for the two-year period is 30 c/kWh.
Best for larger businesses that want to remain with their current electricity supplier while taking advantage of lower market prices.
How Utilityfair Compares Commercial Electricity Prices
Commercial electricity prices should be compared based on total annual cost, not just the advertised unit rate. Utilityfair has every supplier's latest pricing loaded into our comparison models, allowing us to compare the full market based on your actual meter type and electricity usage. We simplify and speed up the process for you by:
- Analysing your meter and usage: Checking your meter category and electricity consumption.
- Comparing all suppliers: Reviewing fixed, flexible and wholesale tracker contracts.
- Checking all charges: Comparing unit rates, standing charges and other costs.
- Showing your potential savings: Providing a side-by-side comparison of each supplier's rates, estimated annual cost and potential savings.
- Managing your contract: Arranging your new electricity contract and monitoring its expiry date so you don't roll onto expensive out-of-contract rates.
👉 Get Started Today!
Fill out our enquiry form, click the buttons below or call 01 547 0999 to speak directly with a Utilityfair Energy Advisor and get the latest electricity rates for your business.
Frequently Asked Questions (FAQs)
The best business electricity rate depends on your meter type, usage level and tariff structure. Compare commercial electricity rates across suppliers, including both unit rates and standing charges, to find the lowest overall cost. Utilityfair can do this for you with a free price comparison.
Yes. Utilityfair compares commercial electricity prices from all suppliers in Ireland and provides an independent, side-by-side comparison based on your specific meter and electricity usage.
It depends on your budget requirements and risk appetite. Fixed electricity contracts provide price certainty for the contract term, while wholesale trackers change each month in line with wholesale electricity prices. Trackers can provide savings when wholesale prices fall but expose businesses to higher costs when prices rise.
Current commercial electricity rates in Ireland range from 29.0c - 36.5c/kWh for 24-hour meters. Day rates range from 28.1c - 37.8c/kWh and night rates from 19.5c - 24.5c/kWh, depending on business size, meter type and supplier. Larger energy users receive bespoke pricing based on their electricity consumption.
Daily standing charges for business electricity typically range from €0.38 - €0.99 for small to medium-sized businesses and €3.62 - €6.75 for larger business meters. Standing charges vary by supplier, meter type and electricity usage.
You should compare business electricity prices before your current contract expires, ideally 1 - 3 months in advance. You do not necessarily need to switch supplier each time. Your existing supplier may offer the best price, so the important thing is to compare all suppliers before renewing.
Once a new electricity contract is agreed, the switch is arranged between ESB Networks and the suppliers. It does not interrupt your electricity supply. The new contract normally starts when your existing contract expires, so there is no need for any change to your meter or electricity connection.
To avoid expensive out-of-contract electricity rates, review your options and arrange a new contract before your current contract expires. Utilityfair monitors contract expiry dates for our customers and compares all electricity suppliers before renewal, helping businesses avoid being rolled onto higher out-of-contract rates.
