Electricity Prepay Power €100 bonus credit for joining

IRL086

As of August 5, 2024 Prepay Power are offering €100 bonus credit to both new customers and the referral friend.

Please DM me as per instructions below.

We are with Prepay Power for years & enjoy their competitive rates which are always set just below Electric Ireland. Have app set to auto €80 top up everytime we drop below €10 credit.

coolbeans

You're fooling yourself if you think you're getting value at 45c odd per unit for the electric. That's nearly double what you'll find on Bonkers.ie for bill pay. It's an almost zero value proposition. The only way it would work in any way is in a shared house where you don't wanna be arguing with housemates over bills.

coolbeans

I just checked your link and it's 75€ for new customers not 100€

IRL086

https://www.boards.ie/discussion/comment/122467651#Comment_122467651

I have €100 listed in their advertising in the screenshot above and T&Cs screenshot below

coolbeans

https://www.prepaypower.ie/why-switch/pricing

Showing 75€ for me as per above link. Regardless, 45c is an abysmal rate.

IRL086

https://www.boards.ie/discussion/comment/122467646#Comment_122467646

Many thanks for drawing my attention to this, I am shocked to see I am now paying 45cent a unit.
When I signed up it was a much more competitive 36 cent incl VAT. I cannot get the cheapest unit rate from YUNO in my area, but I will shop around. Thanks again!

coolbeans

https://www.boards.ie/discussion/comment/122468018#Comment_122468018

I'm on night rate admittedly cos of the electric car but it works out at 26c day and 12c at night. You should be at least be getting below 30c from someone.

hurikane

Would want to be nuts signing up for this. In addition to the usual standing charge, they have a daily prepayment charge, and atrocious unit rates. Complete and utter joke.

IRL086

https://www.boards.ie/discussion/comment/122468036#Comment_122468036

Thank you- its been a rude awakening! I am in two minds whether to leave my post up as a warning to others or delete, I dont want to be promoting such a high unit rate I was unaware I was paying.

Gusser09

Its 30c a unit. But still expensive.

IRL086

After much digging I am still unclear how much early termination of contract may be for Prepay. It might be just €50, but I also see they have a sting which might hit me:

I'll be onto them tomorrow. Thanks to all who took the time to post in here.

Nigzcurran

Think it's around 30c unit rate. Works out grand for us with no big nasty bills arriving the week before Christmas so a few quid extra is worth it. Also got €240 free credit to sign up again this year when I told them I was signing up with electric Ireland

batistuta9

their standing charge is 340 urban, then their prepay service charge is 131 or 165 depending on classic or smart pay.

paying around 500 before any elec charges is absolute madness

https://www.prepaypower.ie/why-switch/pricing/rates