What is the Irish Business Electricity Price Index?
Utilityfair is Ireland's largest business energy broker, with over 20,000 active business customers and more than 1,000 electricity contracts arranged each month.
The Utilityfair Irish Business Electricity Price Index tracks actual electricity unit rates from fixed-price and wholesale tracker contracts, providing an independent monthly benchmark showing whether commercial electricity prices are rising, falling or remaining stable.
Unlike advertised supplier tariffs or wholesale market prices, the index is based on real electricity prices paid by Irish businesses. Rates are broken down by meter category and industry sector, allowing businesses to compare contracted prices, monitor monthly movements and see what similar businesses are paying for electricity.
Business Electricity Prices – October 2026
| Meter Category | October Rates (c/kWh) | Monthly Change (%) |
|---|---|---|
| 24-Hour | Day: 39.11 | Day: +9.83% |
| Nightsaver | Day: 40.84 | Night: 27.44 | Day: +6.66% | Night: +4.37% |
| Night Storage Heating | Day: 36.79 | Night: 23.58 | Day: +4.40% | Night: +14.29% |
| LVMD | Day: 38.28 | Night: 26.90 | Day: +12.95% | Night: +13.60% |
| Meter Category | 12-Month Average (c/kWh) | October Rates (c/kWh) | Monthly Change (%) |
|---|---|---|---|
| 24-Hour | Day: 30.66 | Day: 37.40 | Day: +6.64% |
| Nightsaver | Day: 32.99 | Night: 21.23 | Day: 40.29 | Night: 27.71 | Day: +8.51% | Night: +1.54% |
| Night Storage Heating | Day: 30.66 | Night: 21.23 | Day: 37.40 | Night: 27.71 | Day: +6.64% | Night: +1.54% |
| LVMD | Day: 29.21 | Night: 20.88 | Day: 36.53 | Night: 27.85 | Day: +9.37% | Night: +3.11% |
Source: Utilityfair Irish Business Electricity Price Index. Average contracted unit rates, excluding VAT. Percentage changes are month-on-month.
Understanding Electricity Contracts
How to Read the Electricity Price Tables
How Do Your Electricity Rates Compare?
⚡ Is your contract coming up for renewal or are you paying more than the average rates shown in our Electricity Price Index? Our Energy Advisors will review your electricity bill, compare prices across all Irish suppliers and identify the best available rates. 👇
Historical Fixed-Rate Business Electricity Prices (c/kWh)
| Month | 24-Hour
Single Rate
|
Nightsaver
Day | Night
|
Night Storage Heating
Day | Night
|
LVMD
Day | Night
|
|---|---|---|---|---|
| Oct 2026 | 39.11 |
40.84 | 27.44
|
36.79 | 23.58
|
38.28 | 26.90
|
| Sept 2026 | 35.61 |
38.29 | 26.29
|
35.24 | 20.64
|
33.89 | 23.68
|
| Aug 2026 | 33.05 |
35.15 | 24.07
|
32.93 | 20.83
|
31.53 | 21.87
|
Source: Utilityfair Irish Business Electricity Price Index. Average contracted unit rates in c/kWh, excluding VAT. Dual-rate figures are shown as Day / Night.
Business Electricity Prices by Industry Sector
Wholesale Tracker Contracts – October 2026
| Contract Period | 24-Hour (c/kWh) | Nightsaver (c/kWh) | LVMD (c/kWh) |
|---|---|---|---|
| 12-Month Average | 31.64 | Day: 34.01 | Night: 22.16 | Day: 30.18 | Night: 21.81 |
| October 2026 | 39.67 | Day: 42.65 | Night: 27.76 | Day: 38.22 | Night: 27.41 |
Fixed-Price Contracts – October 2026
| Industry Sector | 24-Hour (c/kWh) | Nightsaver (c/kWh) | LVMD (c/kWh) |
|---|---|---|---|
| Hospitality & Leisure | 39.41 | Day: 41.12 | Night: 27.59 | Day: 38.31 | Night: 26.77 |
| Retail & Consumer Trade | 39.56 | Day: 40.60 | Night: 27.84 | Day: 38.60 | Night: 27.12 |
| Offices & Professional | 38.73 | Day: 41.95 | Night: 28.11 | Day: 38.49 | Night: 27.49 |
| Industrial, Trade & Logistics | 39.59 | Day: 40.82 | Night: 26.73 | Day: 38.60 | Night: 27.12 |
| Community, Health & Sports | 38.52 | Day: 38.97 | Night: 26.17 | Day: 38.49 | Night: 27.49 |
Source: Utilityfair Irish Business Electricity Price Index. Average contracted unit rates, excluding VAT.
| 👉 Go to our Interactive Electricity Price Index View detailed business electricity prices, historical monthly rates and industry comparisons. |
Our Methodology: 100% Real Electricity Contract Data
Actual Contract Rates,
Not Advertised Prices
Our index uses actual electricity unit rates agreed in thousands of commercial contracts arranged by Utilityfair. Unlike advertised supplier tariffs or indicative quotes, these rates reflect what Irish businesses are actually paying for electricity.
Business Contracts Only,
No Domestic Meters
Domestic electricity meters are excluded because residential rates have different regulatory charges and network costs. This keeps the index focused on commercial prices businesses actually pay, without distortions from domestic markets.
Over 1,000 Contracts Analysed Every Month
With over 20,000 active business customers, Utilityfair arranges more than 1,000 electricity contracts monthly. Each month's index is calculated using actual rates from real commercial electricity contracts, providing a substantial dataset for tracking business electricity prices.
Categorised by Most Common Meter Types
Electricity rates are grouped into four commercial meter categories: 24-Hour, Nightsaver, Night Storage Heating and LVMD. Day and night rates are calculated separately, allowing businesses to compare prices for their specific meter type.
Data Validation & Quality Control
Contract data is checked for errors, incomplete records and unusually high or low rates. Non-comparable charges and invalid entries are excluded to ensure the index reflects accurate and consistent commercial electricity prices.
Tracking Monthly Electricity Price Movements
Each month's average contracted electricity rates are compared with the previous month to calculate percentage changes. This shows whether business electricity prices are rising or falling across different meter categories.
Why We Built the Irish Business Electricity Price Index
Business electricity prices in Ireland lack transparency. Unlike domestic electricity tariffs, commercial rates are not routinely published, making it difficult for businesses to know whether they are getting a competitive deal.
Businesses are often left comparing individual supplier quotes or relying on brokers with access to only a limited number of suppliers. Some brokerage models involve multiple intermediaries, each of which must be paid for. Similarly, some industry association deals include additional payments to the association. These costs need to be funded, resulting in businesses paying higher electricity prices.
Utilityfair operates differently. We compare electricity prices across all Irish suppliers and show businesses the most competitive available options. By publishing actual rates agreed in more than 1,000 contracts each month, we are bringing greater transparency to commercial electricity pricing and giving businesses an independent benchmark against which to assess their own rates.
Automatic contract renewals and expensive out-of-contract tariffs are another major concern. Businesses can find themselves paying substantially higher rates when their contracts expire, while renewal offers from existing suppliers are not always as competitive as those available to new customers.
Utilityfair launched the Irish Business Electricity Price Index in August 2026 to address these problems. Our goal is simple: make business electricity pricing more transparent, help businesses avoid overpaying and give them the information they need to compare prices, negotiate better contracts and plan their future electricity costs.
| 👉 Find out whether your business is paying more for electricity than it should. |
