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Best Electricity Supplier?

  • 04-01-2006 11:22am
    #1
    Manuel
    Registered Users, Registered Users 2 Posts: 431 ✭✭


    Hi,
    Does anyone have info, or a link to info, on the different Electricity suppliers available to domestic homes in Ireland, such as ESB, Airtricity, others?
    Can anybody recommend one over the other(s), with reasons?
    Many thanks,
    /M.


Comments

  • #2
    The Hummer
    Closed Accounts Posts: 29 ✭The Hummer


    AFAIK Airtricity is only for business... Residential customers don't have a choice..


  • #3
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    You will end up paying the same price anyway. It is only likely to make a difference to very big users. Only if the like of Bord Gáis enter the domestic electricity market will you see a modest difference, but probably only in the standing charge (1 meter reading, one bill, etc.).


  • #4
    stonecipher
    Registered Users, Registered Users 2 Posts: 38 ✭stonecipher


    The market is theoretically open to competition from last year to all domestic customer for both gas and electricity, however no new suppliers have emerged, there is some limited competition in the electricity sector for industrial users.

    The biggest issue is how to compete with ESB, they are still the monopoly and control the vast majority of the electricity generation stations.

    Airtricity has had some success in the Irish SME market and have been able offer domestic customers electricity for some time, however the market support systems are not there to enable customer switching, also Airtricity are concentrating on more lucatrative markets such as the UK and USA and are no longer actively investing in wind turbines in Ireland.

    Bord Gais who would seem the ideal candidate for entering the electricity retail market are currently active in the Industrial market however they do not own there own power stations and are forced to buy there power at short term auctions so it is not economic for them to enter the domestic market.

    Several companies have come forward hoping to enter the market iEnergy run by some former O2 execs may enter the market some time in the future. The new East West Interconnector will allow UK based suppliers to enter the marker in 2008.


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