30-Second Overview
An electricity wholesale tracker links your business electricity prices directly to Ireland's wholesale electricity market. Prices are determined through the Single Electricity Market (SEM), with market data published by SEMO. Unlike fixed-price contracts, wholesale tracker rates move with the market, allowing businesses to benefit when electricity prices fall while remaining exposed to increases. Wholesale electricity trackers have three key features:
- Lower prices in falling markets: Electricity rates decrease as wholesale prices fall.
- Monthly price adjustments: Unit rates change based on wholesale electricity market prices.
- Transparent pricing: Wholesale market prices are publicly available, allowing businesses to track movements in their electricity costs.
⚡ Would a wholesale electricity tracker save your business money? We'll compare tracker and fixed-price offers using your actual electricity consumption, so you can see which option works best. Choose an option below to get started. 👇
Is a Wholesale Tracker Cheaper for Your Business?
Upload a recent electricity bill and we'll compare wholesale tracker rates against fixed-price offers from all Irish suppliers. Get a free, side-by-side comparison showing estimated annual costs and potential savings.
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Should You Fix or Track Wholesale Electricity Prices?
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What is an Electricity Power Station Tracker?
A Power Station Tracker or Wholesale Electricity Tracker is a type of electricity pricing structure where your monthly energy rate reflects the average wholesale electricity auction price from the previous month. You can view real-time and historical prices on the SEMO website.
How It Works:
- Wholesale electricity prices are determined through Ireland's Single Electricity Market (SEM).
- Tracker tariffs link your electricity unit rates to published wholesale market prices.
- Suppliers apply the same margin, network charges and other applicable costs.
- Your electricity unit rates are adjusted monthly to reflect movements in wholesale electricity prices.
How Do Wholesale Electricity Trackers Perform During Energy Crises?
Wholesale electricity trackers follow market prices, allowing businesses to benefit when prices fall while exposing them to increases during periods of market volatility. Ireland's wholesale electricity market has experienced significant price movements in recent years:
- 2022: Wholesale electricity prices reached record levels during the European energy crisis, peaking in August before declining later in the year.
- 2023: Prices fell substantially from their 2022 highs as European gas markets stabilised.
- 2024: Wholesale prices remained below the levels experienced during the energy crisis, although seasonal fluctuations continued.
- 2025: Prices continued to fluctuate in response to gas prices, electricity demand and renewable generation.
- 2026: Wholesale electricity prices increased again, demonstrating the continued exposure of tracker contracts to changes in energy markets.
Wholesale tracker contracts automatically reflect falling market prices, but they also expose businesses to increases. Their performance relative to fixed-price contracts depends on when the fixed contract was agreed and how wholesale prices move during the contract term. For the latest market outlook, read our article on whether electricity and gas prices will fall.
Electricity Wholesale Electricity Tracker Rates - DG5 Category
| Month | 24 Hour Rate | Day Unit Rate | Night Unit Rate | Standing charge (daily) |
|---|---|---|---|---|
| 12 month average | 31.64 c/kWh | 34.01 c/kWh | 22.16 c/kWh | €0.4516 |
| Oct 2026 | 39.67 c/kWh | 42.65 c/kWh | 27.76 c/kWh | €0.4516 |
| Sept 2026 | 35.07 c/kWh | 37.13 c/kWh | 27.27 c/kWh | €0.3877 |
| Aug 2026 | 33.90 c/kWh | 36.03 c/kWh | 25.88 c/kWh | €0.3877 |
| Jul 2026 | 32.29c/kWh | 33.95 c/kWh | 25.36 c/kWh | €0.3877 |
| Jun 2026 | 30.21 c/kWh | 32.25 c/kWh | 22.26 c/kWh | €0.3877 |
| May 2026 | 31.24 c/kWh | 33.25 c/kWh | 23.21 c/kWh | €0.3877 |
| Apr 2026 | 29.73 c/kWh | 31.65 c/kWh | 22.07 c/kWh | €0.3877 |
| Mar 2026 | 30.15 c/kWh | 32.52 c/kWh | 20.49 c/kWh | €0.3877 |
| Feb 2026 | 27.69 c/kWh | 30.26 c/kWh | 18.00 c/kWh | €0.3877 |
| Jan 2026 | 30.38 c/kWh | 33.27 c/kWh | 19.05 c/kWh | €0.3877 |
| Dec 2025 | 28.62 c/kWh | 31.39 c/kWh | 17.01 c/kWh | €0.3877 |
| Nov 2025 | 30.71 c/kWh | 33.78 c/kWh | 17.55 c/kWh | €0.3877 |
| Oct 2025 | 27.88 c/kWh | 30.35 c/kWh | 16.55 c/kWh | €0.3877 |
| Sept 2025 | 25.19 c/kWh | 27.50 c/kWh | 15.71 c/kWh | €0.3539 |
| Aug 2025 | 25.04 c/kWh | 27.05 c/kWh | 16.99 c/kWh | €0.3539 |
| Jul 2025 | 25.20 c/kWh | 27.12 c/kWh | 17.51 c/kWh | €0.3539 |
| Jun 2025 | 24.34 c/kWh | 26.55 c/kWh | 16.85 c/kWh | €0.3539 |
| May 2025 | 26.38 c/kWh | 28.31 c/kWh | 18.43 c/kWh | €0.3539 |
| Apr 2025 | 26.52 c/kWh | 28.63 c/kWh | 18.34 c/kWh | €0.3539 |
| Mar 2025 | 28.83 c/kWh | 31.33 c/kWh | 19.68 c/kWh | €0.3539 |
| Feb 2025 | 30.36 c/kWh | 32.96 c/kWh | 20.21 c/kWh | €0.3539 |
| Jan 2025 | 34.76 c/kWh | 38.08 c/kWh | 20.76 c/kWh | €0.3539 |
| Dec 2024 | 31.90 c/kWh | 35.07 c/kWh | 17.69 c/kWh | €0.3539 |
| Nov 2024 | 32.34 c/kWh | 35.39 c/kWh | 19.30 c/kWh | €0.3539 |
| Oct 2024 | 29.25 c/kWh | 31.94 c/kWh | 17.90 c/kWh | €0.3539 |
| Sept 2024 | 26.92 c/kWh | 29.11 c/kWh | 17.96 c/kWh | €0.3516 |
| Aug 2024 | 25.26 c/kWh | 27.29 c/kWh | 17.29 c/kWh | €0.3516 |
| Jul 2024 | 26.78 c/kWh | 29.19 c/kWh | 17.39 c/kWh | €0.3516 |
| Jun 2024 | 26.01 c/kWh | 28.05 c/kWh | 18.01 c/kWh | €0.3516 |
| May 2024 | 26.26 c/kWh | 28.38 c/kWh | 17.75 c/kWh | €0.3516 |
| Apr 2024 | 24.18 c/kWh | 26.14 c/kWh | 16.04 c/kWh | €0.3516 |
| Mar 2024 | 23.97 c/kWh | 26.05 c/kWh | 15.63 c/kWh | €0.3516 |
| Feb 2024 | 24.16 c/kWh | 26.50 c/kWh | 14.49 c/kWh | €0.3516 |
| Jan 2024 | 26.01 c/kWh | 28.42 c/kWh | 15.92 c/kWh | €0.3516 |
| Dec 2023 | 25.44 c/kWh | 27.77 c/kWh | 15.54 c/kWh | €0.3516 |
| Nov 2023 | 28.66 c/kWh | 30.93 c/kWh | 18.46 c/kWh | €0.3516 |
| Oct 2023 | 28.56 c/kWh | 30.87 c/kWh | 18.78 c/kWh | €0.3516 |
| Sept 2023 | 26.28 c/kWh | 28.64 c/kWh | 18.01 c/kWh | €0.3029 |
| Aug 2023 | 25.85 c/kWh | 27.64 c/kWh | 18.30 c/kWh | €0.3029 |
| Jul 2023 | 24.56 c/kWh | 26.20 c/kWh | 17.67 c/kWh | €0.3029 |
| Jun 2023 | 27.16 c/kWh | 29.09 c/kWh | 19.16 c/kWh | €0.3029 |
| May 2023 | 25.60 c/kWh | 27.26 c/kWh | 17.44 c/kWh | €0.3029 |
| Apr 2023 | 27.77 c/kWh | 29.49 c/kWh | 20.60 c/kWh | €0.3029 |
| Mar 2023 | 30.28 c/kWh | 32.41 c/kWh | 21.56 c/kWh | €0.3029 |
| Feb 2023 | 31.82 c/kWh | 33.73 c/kWh | 23.47 c/kWh | €0.3029 |
| Jan 2023 | 33.08 c/kWh | 35.56 c/kWh | 21.95 c/kWh | €0.3029 |
| Dec 2022 | 47.48 c/kWh | 50.33 c/kWh | 32.88 c/kWh | €0.3029 |
| Nov 2022 | 27.89 c/kWh | 29.77 c/kWh | 19.68 c/kWh | €0.3029 |
Important: Electricity network charges are reviewed annually, with revised charges taking effect on 1 October. These changes are passed through to customers on applicable tracker contracts and can increase or decrease electricity costs independently of wholesale market prices.
Electricity Wholesale Electricity Tracker Rates - DG6 Category
| Month | Day Unit Rate | Night Unit Rate | Standing charge (daily) |
|---|---|---|---|
| 12 month average | 30.18 c/kWh | 21.81 c/kWh | €4.21 |
| Oct 2026 | 38.22 c/kWh | 27.41 c/kWh | €4.21 |
| Sept 2026 | 33.40 c/kWh | 27.01 c/kWh | €3.62 |
| Aug 2026 | 32.23 c/kWh | 25.49 c/kWh | €3.62 |
| Jul 2026 | 30.20 c/kWh | 25.00 c/kWh | €3.62 |
| Jun 2026 | 28.49 c/kWh | 21.87 c/kWh | €3.62 |
| May 2026 | 29.52 c/kWh | 22.83 c/kWh | €3.62 |
| Apr 2026 | 27.87 c/kWh | 21.74 c/kWh | €3.62 |
| Mar 2026 | 28.73 c/kWh | 20.18 c/kWh | €3.62 |
| Feb 2026 | 26.50 c/kWh | 17.61 c/kWh | €3.62 |
| Jan 2026 | 29.49 c/kWh | 18.68 c/kWh | €3.62 |
| Dec 2025 | 27.61 c/kWh | 16.66 c/kWh | €3.62 |
| Nov 2025 | 29.88 c/kWh | 17.23 c/kWh | €3.62 |
| Oct 2025 | 26.54 c/kWh | 16.25 c/kWh | €3.62 |
| Sept 2025 | 24.08 c/kWh | 15.48 c/kWh | €3.30 |
| Aug 2025 | 23.59 c/kWh | 16.64 c/kWh | €3.30 |
| Jul 2025 | 23.73 c/kWh | 17.16 c/kWh | €3.30 |
| Jun 2025 | 23.14 c/kWh | 16.61 c/kWh | €3.30 |
| May 2025 | 24.85 c/kWh | 18.11 c/kWh | €3.30 |
| Apr 2025 | 25.21 c/kWh | 18.09 c/kWh | €3.30 |
| Mar 2025 | 27.75 c/kWh | 19.40 c/kWh | €3.30 |
| Feb 2025 | 29.52 c/kWh | 19.95 c/kWh | €3.30 |
| Jan 2025 | 34.53 c/kWh | 20.38 c/kWh | €3.30 |
| Dec 2024 | 31.47 c/kWh | 17.47 c/kWh | €3.30 |
| Nov 2024 | 31.75 c/kWh | 19.30 c/kWh | €3.30 |
| Oct 2024 | 28.46 c/kWh | 17.63 c/kWh | €3.30 |
| Sept 2024 | 25.71 c/kWh | 17.66 c/kWh | €3.28 |
| Aug 2024 | 23.87 c/kWh | 16.96 c/kWh | €3.28 |
| Jul 2024 | 25.76 c/kWh | 17.05 c/kWh | €3.28 |
| Jun 2024 | 24.67 c/kWh | 17.68 c/kWh | €3.28 |
| May 2024 | 25.00 c/kWh | 17.33 c/kWh | €3.28 |
| Apr 2024 | 22.71 c/kWh | 15.73 c/kWh | €3.28 |
| Mar 2024 | 22.66 c/kWh | 15.19 c/kWh | €3.28 |
| Feb 2024 | 23.07 c/kWh | 14.16 c/kWh | €3.28 |
| Jan 2024 | 24.98 c/kWh | 15.92 c/kWh | €3.28 |
| Dec 2023 | 24.34 c/kWh | 14.21 c/kWh | €3.28 |
| Nov 2023 | 27.52 c/kWh | 18.00 c/kWh | €3.28 |
| Oct 2023 | 27.50 c/kWh | 18.58 c/kWh | €3.28 |
| Sept 2023 | 25.73 c/kWh | 17.78 c/kWh | €2.83 |
| Aug 2023 | 24.68 c/kWh | 18.02 c/kWh | €2.83 |
| Jul 2023 | 23.22 c/kWh | 17.40 c/kWh | €2.83 |
| Jun 2023 | 26.12 c/kWh | 18.81 c/kWh | €2.83 |
| May 2023 | 24.35 c/kWh | 17.19 c/kWh | €2.83 |
| Apr 2023 | 26.56 c/kWh | 20.38 c/kWh | €2.83 |
| Mar 2023 | 29.51 c/kWh | 21.32 c/kWh | €2.83 |
| Feb 2023 | 30.81 c/kWh | 23.26 c/kWh | €2.83 |
| Jan 2023 | 32.59 c/kWh | 21.74 c/kWh | €2.83 |
| Dec 2022 | 47.01 c/kWh | 32.63 c/kWh | €2.83 |
| Nov 2022 | 26.73 c/kWh | 19.47 c/kWh | €2.83 |
Important: Electricity network charges are reviewed annually, with revised charges taking effect on 1 October. These changes are passed through to customers on applicable tracker contracts and can increase or decrease electricity costs independently of wholesale market prices.
Benefits of Tracking Wholesale Electricity Prices
- Lower prices in falling markets: Your electricity rates decrease automatically when wholesale prices fall.
- No fixed-price risk premium: Tracker contracts avoid the additional pricing allowance suppliers include to protect against future wholesale market increases.
- Cheaper than out-of-contract rates: Wholesale trackers offer a cheaper alternative to expensive standard variable and rollover tariffs.
- Transparent pricing: Wholesale market prices are publicly available through SEMO, allowing businesses to monitor price movements.
- Flexibility when markets change: Businesses benefit from falling wholesale prices without having to renegotiate their electricity rates.
How Utilityfair Helps You Get the Best Business Electricity Deals
Utilityfair's energy experts can help you navigate the energy market with precision. We have the latest prices from all suppliers already loaded into our models. We can send you a full supplier price comparison, tailored for your meter and usage, completely free. Whether you're considering a fixed, flexible, or wholesale tracker tariff, we can:
- Analyse your meter type and usage profile (DG5, DG6, LVMD)
- Compare fixed, flexible, and tracker tariffs
- Switch you to a cheaper price plan hassle-free, saving you time and money
- Monitor your contract expiry so you're never auto-rolled to expensive rates
👉 Get Started Today!
Fill out our enquiry form, click the link below or call 01 547 0999 to speak with a Utilityfair energy expert to start saving.
Frequently Asked Questions
A power station tracker tariff is am electricity pricing structure that follows the wholesale auction prices set by SEMO (Single Electricity Market Operator). Customers pay the average market price from the previous month, making it a highly transparent and cost-reflective option.
Wholesale electricity prices are based on the average SEMO clearing price from hourly electricity auctions over the previous month. That price is passed on to businesses, along with a small supplier margin and regulated charges like standing or capacity fees.
In a falling or stable market, tracker tariffs are cheaper than fixed-rate contracts, as they automatically reflect drops in wholesale electricity prices. However, they may be more volatile during price spikes, though this will average out over time.
Electricity wholesale tracker tariffs update monthly, based on the previous month's SEMO auction averages. Unlike fixed-price electricity contracts, the electricity price is not locked on a wholesale tracker and will rise and fall with the wholesale market.
Wholesale electricity prices are published in real time by SEMO on their official website: www.sem-o.com. These are the same auction prices used to calculate tracker tariffs.
Electricity wholesale trackers are available to businesses with: (i) DG5 (General Purpose) meters, (ii) DG6 (LVMD – Low Voltage, Medium Demand) meters and (iii) DG7 meters, which are considered large energy users. Eligibility depends on your consumption profile and supplier offerings.
For October 2026 the electricity tracker outturn was: (i) DG5 24-hour rate: 39.67 c/kWh, (ii) DG5 Night-saver rate: 42.65 c/kWh and 27.76 c/kWh night, (iii) DG6 LVMD rate: 38.22 c/kWh day and 27.41 c/kWh night.
The benefits include: (i) Lower prices in declining markets, (ii) Transparent, market-based pricing, (iii) Avoid inflated supplier mark-ups, (iv) Lower standing charges, and (iv)Proven performance during energy crises.
While electricity wholesale tracker prices will increase if wholesale electricity markets rise, they are still cheaper than out-of-contract variable rates. Businesses with flexible budgets or good timing can benefit significantly.
Utilityfair can: (i) Confirm your meter type and eligibility, (ii) Compare tracker, fixed, and flexible tariffs, (iii) Help you lock in savings at the right time, and (iv) Prevent you from rolling into expensive variable rates.
