Pricing

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Our Straightforward Pricing

At PrepayPower, we make the cost of our services as clear and transparent as possible for our customers. Below is breakdown of our pricing

Our Standing Charge is similar to other suppliers

Our Prepayment Service Charge is 46.90 cent per day to help us avoid charging upfront set-up fees and to maintain our service

The Government PSO levy is 16.05 cent per day

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.

 

2. Standing Charge

Our 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. The Government imposed Public Service Obligation levy (the PSO levy) which all Electricity Customers must pay is €4.88 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 system.