Business Energy Guides

Your Guide to Choosing the Best Business Electricity Supplier 

Choosing the right electricity supplier and rates is crucial for keeping costs low and increasing profits. Businesses can save a lot by picking the right supplier. Whether you run a small coffee shop, a growing start-up, or a large company, knowing your energy needs and exploring supplier options will help you get the best deal. 

This guide will show you how to select the best supplier based on your business size and energy needs. We are here to help you make the best choice for your business. 

Who is the best business electricity supplier in Ireland?

Choosing the right electricity supplier in Ireland depends on several factors. You need to think about your business’s energy needs, such as your meter type, how much electricity you use, and when you use it most. These all affect your rates. 

For businesses that use less electricity, the daily standing charge is often more important than the price per unit, as it has a bigger effect on your overall costs. Larger businesses should compare both standing charges and unit rates. But for smaller businesses, focusing on a low daily charge can save more money.  

Leading business electricity suppliers in Ireland by market share

Supplier	Market Share (Small business)	Market Share (Medium business)	Market Share (Large business)	% Renewable
Electric Ireland	31%	37%	31%	80%
Energia	25%	31%	19%	100%
Bord Gáis	13%	7%	6%	30%
SSE Airtricity	11%	17%	37%	100%
Flogas	12%	4%	5%	100%
Go Power	2%	2%	0%	100%
Pinergy	2%	1%	1%	100%
Other	4%	1%	1%	—

** Market share percentages among business electricity suppliers in Ireland may differ based on factors like pricing, customer preferences, and renewable energy offerings. 

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Who is the cheapest commercial business electricity supplier in Ireland? 

The cheapest business electricity supplier in Ireland can vary because rates depend on several factors. To secure the best deal, it’s essential to understand how each supplier determines their prices. Other factors, like whether the rates are fixed or variable, discounts for longer contracts, or special deals for new customers, can also impact what you pay. 

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How do you compare commercial electricity suppliers effectively? 

To compare commercial electricity suppliers, gather key information from your electricity bill. This information helps you understand your current electricity rates and usage.  

Here are the key factors to consider to help you make informed decisions: 

The standing charge

The standing charge is a daily fee that covers the fixed costs of supplying electricity to your business, regardless of usage. It can vary between suppliers, so finding a provider with a lower standing charge may benefit businesses with lower electricity consumption. 

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The unit rate

The unit rate is the cost per kilowatt-hour (kWh) of electricity used. This rate is essential for understanding your usage costs, as it directly affects how much you pay based on your energy consumption. A lower unit rate can lead to significant savings for businesses with higher energy demands. 

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Additional supplier charges 

Some suppliers may include extra fees, such as service or administration charges, which can increase your overall costs. Understanding these additional charges is important when comparing suppliers to avoid unexpected expenses. 

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How much energy you use per annum 

How much energy your business uses each year affects your overall costs. If your business uses a lot of energy, finding a lower unit rate can save you more money. If your usage is lower, it might be better to focus on reducing the standing charge instead. 

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Meter numbers

Meter numbers such as the MPRN (Meter Point Reference Number) are used to identify your electricity supply point. These numbers are essential when comparing quotes or switching suppliers, as they ensure you get accurate pricing tailored to your location. 

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Electric Ireland – business electricity market share 

Electric Ireland stands as one of Ireland’s most established and trusted energy providers. The company commands an impressive 31% share of the small business segment, 37% of the medium business segment, and 31% of the large energy user market. A significant portion of its customer base consists of small to medium-sized enterprises. 

Energia – business electricity market share

Energia has emerged as a key player in Ireland’s business electricity market, securing a 25% share of the small business segment, 31% of the medium business segment, and 12% of the large energy user market. Its commitment to providing 100% renewable energy makes Energia a top choice for businesses focused on sustainability and reducing their carbon footprint. 

Bord Gáis – business electricity market share

Bord Gáis is known for its flexible energy plans and commitment to excellent customer service. In the business electricity market, Bord Gáis holds a 13% share of the small business segment, 7% of the medium business segment, and 6% among large energy users. 

Flogas – business electricity market share 

Flogas has established a solid presence, particularly among small to medium-sized businesses in Ireland’s business electricity market. The supplier holds a 4% share of the small business segment, 4% of the medium business segment, and 3% of the large energy user market. 

SSE Airtricity – business electricity market share

SEE Airtricity has built a strong reputation for offering sustainable energy solutions, which is particularly attractive to businesses looking to reduce their carbon footprint. SSE Airtricity holds a 17% share of the small business segment in the business electricity market, 17% of the medium business segment, and 37% among large energy users. 

Go Power – business electricity market share

Go Power, a part of the LCC Group, has been in Ireland since 1986. In the business electricity market, the company holds a 2% share in both the small and medium business segments. 

Pinergy – business electricity market share 

Since entering the Irish electricity market in 2013, Pinergy has been providing innovative energy solutions to both residential and commercial customers, offering options for prepaid and bill-pay meters. In the business electricity market, Pinergy commands a 1% share in both the small business and medium business segments, reflecting its niche presence in the sector. 

How Procure.ie can help you find the best energy supplier for your business 

At Procure.ie, we simplify the process of finding the best energy supplier for your business. Our expert team offers free, impartial advice to help you compare rates and terms ensuring you make the most cost-effective choice. Whether you’re seeking green energy options, flexible contracts, or competitive pricing, we guide you every step of the way. Plus, with our ongoing support and annual market reviews, we ensure your business always has access to the best deals. Get immediate pricing today. 

FAQs about the best business electricity supplier