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

PrePayPower offers the cheapest* standard unit rate in the Irish electricity market. Standard unit rates are the price you pay for the electricity you consume. Units are calculated in kilowatts per hour or kwh. On average your consumption makes up 72%** of your annual electricity costs which makes the standard unit rate you pay the biggest consideration when choosing an Electricity provider. 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 (see table below for details).

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. The Public Service Obligation (PSO) Levy for electricity was set at the October 2014 VAT inclusive rate of €68.20 per annum (18.68c per day).

4. Prepayment Service Charge

There is also a daily prepayment service charge covers the costs of providing and maintenance the a 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 - Free Installation & 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 37.5cent applies to this option to cover the cost of installation and 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  €0.1500  €0.1703

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Urban
€0.3832  €0.4349  €139.85  €158.73
 Public Service Obligation Levy 
 €0.1938  €0.2200 €70.75 €80.30
 Prepayment Service Charge
 €0.3300  €0.3746  €120.45  €136.71


PrePayPower Standard 24 Hr Rural Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate  €0.1500  €0.1703

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Rural
€0.5153  €0.5849  €188.08  €213.48
 Public Service Obligation Levy 
 €0.1938  €0.2200  €70.75 €80.30
 Prepayment Service Charge
 €0.3300  €0.3746  €120.45 €136.71


PrePayPower Urban NightSaver Electricity Rates
 Variable Charges
Price per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate Day €0.1603  €0.1819
 Standard Unit Rate Night €0.0792 €0.0899

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge Urban NightSaver
€0.5260  €0.5970  €191.98  €217.90
 Public Service Obligation Levy 
 €0.1938  €0.2200  €70.75  €80.30
 Prepayment Service Charge
 €0.3300  €0.3746  €120.45  €136.71


PrePayPower Rural NightSaver Electricity Rates
 Variable Charges
 Price per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate Day €0.1603 €0.1819
 Standard Unit Rate Night €0.0792 €0.0899

   
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge Rural NightSaver
 €0.6310  €0.7161  €230.30  €261.39
 Public Service Obligation Levy 
 €0.1938  €0.2200  €70.75 €80.30
 Prepayment Service Charge
 €0.3300  €0.3746  €120.45  €136.71

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 therefor) of the unexpired period of the initial term. For details of all applicable charges see Schedule of Charges.

Option 2 - Pay Upfront Fee & Rates

Alternatively, you can choose this option to pay €250 upfront for the Smart Control System. By choosing this option you would reduce your daily prepayment service charge from 37.5 cent per day to just 2.8 cent per day.


PrePayPower Standard 24 Hr Urban Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate  €0.1500  €0.1703
 Upfront Fee  €220.26  €250.00
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Urban
€0.3832  €0.4349  €139.85  €158.73
 Public Service Obligation Levy 
 €0.1938  €0.2200 €70.75 €80.30
 Prepayment Service Charge
 €0.0250  €0.0284  €9.13  €10.36


PrePayPower Standard 24 Hr Rural Electricity Rates
 Variable Charges
 Price Per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate  €0.1500  €0.1703
 Upfront Fee   €220.26   €250.00
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge 24 Hr Rural
€0.5153  €0.5849  €188.08  €213.48
 Public Service Obligation Levy 
 €0.1938  €0.2200  €70.75 €80.30
 Prepayment Service Charge
 €0.0250  €0.0284  €9.13 €10.36


PrePayPower Urban NightSaver Electricity Rates
 Variable Charges
Price per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate Day €0.1603  €0.1819
 Standard Unit Rate Night €0.0792 €0.0899
 Upfront Fee
  €220.26   €250.00
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge Urban NightSaver
€0.5260  €0.5970  €191.98  €217.90
 Public Service Obligation Levy 
 €0.1938  €0.2200  €70.75  €80.30
 Prepayment Service Charge
 €0.0250  €0.0284  €9.13  €10.36


PrePayPower Rural NightSaver Electricity Rates
 Variable Charges
 Price per Unit
  Ex. VAT  Inc. VAT
 Standard Unit Rate Day €0.1603 €0.1819
 Standard Unit Rate Night €0.0792 €0.0899
 Upfront Fee
  €220.26   €250.00
 Standing Charges  Daily  Annual
   Ex. VAT  Inc. VAT  Ex. VAT Inc. VAT 
 Standing Charge Rural NightSaver
 €0.6310  €0.7161  €230.30  €261.39
 Public Service Obligation Levy 
 €0.1938  €0.2200  €70.75 €80.30
 Prepayment Service Charge
 €0.0250  €0.0284  €9.13  €10.36

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 therefor) of the unexpired period of the initial term. For details of all applicable charges see Schedule of Charges.

Option 3 - PrePayPlus Rates

PrePayPower Standard 24 Hr Urban Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate €0.1500 €0.1703
     
 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge 24 Hr Urban
€0.3832 €0.4349 €139.85 €158.73
 Public Service Obligation Levy
€0.1938 €0.2200 €70.75 €80.30
 Prepayment Service Charge
€0.4132 €0.4690 €150.83 €171.20


PrePayPower Standard 24 Hr Rural Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate €0.1500 €0.1703



 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge 24 Hr Rural
€0.5153 €0.5849 €188.08 €213.48
 Public Service Obligation Levy
€0.1938 €0.2200 €70.75 €80.30
 Prepayment Service Charge
€0.4132 €0.4690 €150.83 €171.20


PrePayPower Urban NightSaver Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate Day €0.1603 €0.1819
 Standard Unit Rate Night €0.0792 €0.0899



 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge Urban NightSaver
€0.5260 €0.5970 €191.98 €217.90
 Public Service Obligation Levy
€0.1938 €0.2200 €70.75 €80.30
 Prepayment Service Charge
€0.4132
€0.4690
€150.83
€171.20


PrePayPowerRural NightSaver Electricity Rates
 Variable Charges
Price Per Unit
Ex. VAT Inc. VAT
 Standard Unit Rate Day €0.1603 €0.1819
 Standard Unit Rate Night €0.0792 €0.0899



 Standing Charges Daily Annual
Ex. VAT Inc. VAT Ex. VAT Inc. VAT
 Standing Charge Rural NightSaver
€0.6310 €0.7161 €230.30 €261.39
 Public Service Obligation Levy
€0.1938 €0.2200 €70.75 €80.30
 Prepayment Service Charge
€0.4132 €0.4690 €150.83 €171.20

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 therefor) 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 €0.0477 
€0.0541
     
Daily
Annual
Ex. VAT Inc.VAT
Ex. VAT
Inc.VAT
 Standing Charge
€0.2301 €0.2612 
€84.00 
€95.34 
 Prepayment Service Charge €0.1781 €0.2022 €65.02
€73.80

 

Carbon Tax at a rate of €0.0042 including VAT (€0.0037 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. 

* Unit Rate comparison was made against all electricity suppliers’ standard unit rates on 08/09/2016. Please note that PrePayPower updated their prices on 01/10/2016 and after this change we still offer the cheapest Standard Unit Rate in Ireland. All pricing is subject to change. Standing & Prepayment service charges apply. Savings quoted relate to a reduction in electricity usage. All information correct as of October 2016.
** 72% consumption rated based on PrePayPower’s standard 24hr urban tariff unit rates, standing charges, PSO levy and Pay As you Go Service Charge as of 01/03/2015 and the industry agreed average annual consumption figures of 5,300 kwh.


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