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How much does PrepayPower cost?

At PrepayPower we try to make the cost of our electricity as clear and transparent as possible for our customers. Below is a breakdown of the four parts that make up our pricing, along with the two payment options you can choose from when signing up.

Our Pricing Has Four Parts

1. Standard Unit Rate

Standard unit rates are the price you pay for the electricity you consume. Units are calculated in kilowatts per hour or kwh. The amount of the standard unit rate depends on the type of rate that is applicable to you (see the rates table for details).

2. Standing Charge

Your Standing Charge covers the costs of getting electricity to your home including the wiring network and a share of the supply costs in servicing your account. They are charged by all suppliers and they vary by supplier. Maintaining up to date meter readings helps us reduce such costs. The Standing Charge will vary depending on whether you have a 24hr/NightSaver meter or if you have a Rural or Urban tariff.

3. Government Public Service Obligation Levy

The Public Service Obligation (PSO) levy is a mandatory charge that is the same amount regardless of the electricity provider you choose. It covers the generation of indigenous fuels (e.g. Peat) and renewable energy. It is mandated by Government and approved by the European Commission. The levy is used to contribute to the additional costs incurred by the ESB and other electricity generators which are not recovered by the standing charges. From October 1st 2020, the Government imposed Public Service Obligation levy (the PSO levy) which all Electricity Customers must pay will increase. From that date, the Government will set the PSO levy at €7.40 per month.

4. Prepayment Service Charge

There is also a daily prepayment service charge covers the costs of maintenance of the Pay-As-You-Go service. This includes the ongoing supply and maintenance of the PrepayPower Smart Pay-As-You-Go system.


Payment Options & Rates

Option 1 - Classic Pay Rates

Get our Smart Control System installed in your home without any upfront fees or deposits. This is the recommended option as it works out as the cheapest way to pay over your first 12 months with PrepayPower. A daily Prepayment service charge of 37.46 cent applies to this option to cover the cost of the ongoing maintenance of the Smart Control System. See the rates for this option below:


PrepayPower Standard 24 Hr Urban Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate  19.07c  21.64c

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Urban
60.04c 68.15c  €219.16  €248.74
 Public Service Obligation Levy 
21.44c  24.33c €78.24 €88.80
 Prepayment Service Charge
 33.00c  37.46c  €120.45  €136.71
     
 Estimated Annual Bill (EAB) Ex. VAT Inc. VAT  
 EAB Calculation FAQ  €1,218.37   €1,383.14


PrepayPower Standard 24 Hr Rural Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate  19.07c  21.64c

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Rural
80.74c 91.64c  €294.71  €334.50
 Public Service Obligation Levy 
21.44c 24.33c €78.24 €88.80
 Prepayment Service Charge
 33.00c  37.46c  €120.45 €136.71
     
 Estimated Annual Bill (EAB) Ex. VAT
Inc. VAT 
 EAB Calculation FAQ €1,293.92  €1,468.89


PrepayPower Urban NightSaver Electricity Rates
 Variable Charges
Price per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate Day 20.36c  23.10c
 Standard Unit Rate Night 10.05c 11.41c

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge Urban NightSaver
82.40c 93.53c  €300.78  €341.38
 Public Service Obligation Levy 
21.44c 24.33c    €78.24  €88.80
 Prepayment Service Charge
 33.00c 37.46c  €120.45  €136.71
     
 Estimated Annual Bill (EAB) Ex. VAT
Inc. VAT  
 EAB Calculation FAQ €1,137.99 €1,291.62


PrepayPower Rural NightSaver Electricity Rates
 Variable Charges
 Price per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate Day 20.36c 23.10c
 Standard Unit Rate Night 10.05c 11.41c

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge Rural NightSaver
 98.86c €1.1221  €360.84  €409.55
 Public Service Obligation Levy 
21.44c 24.33c €78.24 €88.80
 Prepayment Service Charge
 33.00c 37.46c  €120.45  €136.71
     
 Estimated Annual Bill (EAB) Ex. VAT
 Inc. VAT
 EAB Calculation FAQ €1,198.06  €1,359.79

Prices shown are including & excluding VAT of 13.5%. These prices are subject to change; new prices will be published on your meter.

Electricity costs can be checked at any time on your keypad. Button 3 shows the per unit rate, and button 7 shows the total daily standing charge (Network Standing Charge, PSO Levy and PrepayPower Standing Charge).

Signing up to PrepayPower is subject to terms and conditions including a 12 month initial period. Termination in the initial period incurs penalty fees including an early termination fee of €11.25 per month (or part thereof) of the unexpired period of the initial term. For details of all applicable charges see Schedule of Charges.

Option 2 - Time of Use Tariff

PrepayPower Urban Day Night Peak Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
Unit Rate Day
 21.06c  23.90c
Unit Rate Night
10.94c
12.42c
Unit Rate Peak
 24.22c 27.49c

 
Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Urban
62.14c  70.53c  €226.83  €257.45
 Public Service Obligation Levy 
  21.44c  24.33c €78.24 €88.80
 Prepayment Service Charge
 33.00c 37.50c  €120.45 €136.71
     
 Estimated Annual Bill (EAB)
 Ex. VAT
Inc. VAT
   €1,229.47 €1,395.45

PrepayPower Rural Day Night Peak Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
Unit Rate Day
 21.06c  23.90c
Unit Rate Night
10.94c
12.42c
Unit Rate Peak
 24.22c 27.49c

 
Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Urban
83.57c 94.85c €305.03
€346.21
 Public Service Obligation Levy 
  21.44c  24.33c €78.24 €88.80
 Prepayment Service Charge
 33.00c 37.50c  €120.45 €136.71
     
 Estimated Annual Bill (EAB)
 Ex. VAT
Inc. VAT
   €1,297.85 €1,473.06

Prices shown are including & excluding VAT of 13.5%. These prices are subject to change; new prices will be published on your meter.

Electricity costs can be checked at any time on your keypad. Button 3 shows the per unit rate, and button 7 shows the total daily standing charge (Network Standing Charge, PSO Levy and PrepayPower Standing Charge).

Signing up to PrepayPower is subject to terms and conditions including a 12 month initial period. Termination in the initial period incurs penalty fees including an early termination fee of €0.85 per month (or part thereof) of the unexpired period of the initial term. For details of all applicable charges see Schedule of Charges.

Option 3 - Smart Pay Rates
PrepayPower Standard 24 Hr Urban Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate 19.07c 21.64c
     
 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge 24 Hr Urban
60.04c 68.15c €219.16 €248.74
 Public Service Obligation Levy
21.44c 24.33c €78.24 €88.80
 Prepayment Service Charge
41.32c 46.90c €150.83 €171.20
     
 Estimated Annual Bill (EAB)  Ex. VAT Inc. VAT 
 EAB Calculation FAQ €1,248.75  €1,417.62


PrepayPower Standard 24 Hr Rural Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate 19.07c 21.64c



 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge 24 Hr Rural
80.74c 91.64c €294.71 €334.50
 Public Service Obligation Levy
21.44c 24.33c
€78.24 €88.80
 Prepayment Service Charge
41.32c 46.90c €150.83 €171.20
     
 Estimated Annual Bill (EAB) Ex. VAT Inc. VAT 
 EAB Calculation FAQ €1,324.31 €1,503.38


PrepayPower Urban NightSaver Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate Day 20.36c 23.10c
 Standard Unit Rate Night 10.05c 11.41c



 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge Urban NightSaver
82.40c 93.53c €300.78 €341.38
 Public Service Obligation Levy
21.44c
24.33c €78.24 €88.80
 Prepayment Service Charge
41.32c
46.90c
€150.83
€171.20
     
 Estimated Annual Bill (EAB)  Ex. VAT  Inc. VAT 
 EAB Calculation FAQ €1,168.37  €1,326.11


PrepayPower Rural NightSaver Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate Day 20.36c 23.10c
 Standard Unit Rate Night 10.05c 11.41c



 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge Rural NightSaver
98.86c €1.1221 €360.84 €409.55
 Public Service Obligation Levy
21.44c 24.33c €78.24 €88.80
 Prepayment Service Charge
41.32c 46.90c €150.82 €171.19
     
 Estimated Annual Bill  Ex. VAT Inc. VAT  
 EAB Calculation FAQ €1,228.43  €1,394.27

Prices shown are including & excluding VAT of 13.5%. These prices are subject to change; new prices will be published on your meter. 

Signing up to PrepayPower is subject to terms and conditions including a 12 month initial period. Termination in the initial period incurs penalty fees including an early termination fee of €11.25 per month (or part thereof) of the unexpired period of the initial term.  For details of all applicable charges see  Schedule of Charges.

Option 4 - PrepayGas Rates

  

PrepayGas Standard Rates

Price Per Unit
Ex. VAT Inc.VAT
 Standard Unit Rate 5.03c
5.71c
     
Daily
Annual
Ex. VAT Inc.VAT
Ex. VAT
Inc.VAT
 Standing Charge
27.31c 30.99c
€99.67
€113.13
 Prepayment Service Charge 17.81c 20.22c €65.02
€73.80
     
 Estimated Annual Bill (EAB) Ex. VAT Inc. VAT 
 EAB Calculation FAQ €785.08  €890.92

 

Carbon Tax at a rate of 0.69c including VAT (0.61c ex VAT) per kWh is applied to all natural gas customers. This rate is the same for all gas suppliers.

Prices shown are including & excluding VAT of 13.5%. These prices are subject to change. Signing up to PrepayPower is subject to terms and conditions including a 12 month initial period. Termination of contract within this period is subject to a €50 cancellation fee.

 

Switch to PrepayPower now, learn about all the great benefits of pay as you go electricity, or call us on 1890 989 522 to discuss all of your options today. 

All pricing is subject to change. Standing & Prepayment service charges apply. All information correct as of July 2021.

 


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