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Estimated Annual Bill

The Estimated Annual Bill is a simple and easy-to-understand indicator for consumers. It is an estimate of the average household’s cost for electricity for a year and includes VAT and all energy-related charges such as the Standing Charge and PSO Levy for electricity and the Standing Charge. It does not include non-energy-related items such as energy credits for switching, loyalty points, or non-cash offers.

The Estimated Annual Bill is based on the expected average consumption for one year. These figures are approved and published by the Commission for the Regulation of Utilities (CRU);
For electricity, the Estimated Annual Bill amount also takes into account the following information;

Is your meter Urban or Rural?
Is your meter 24 Hour, Day/Night, or SST (Standard Smart Tariff)?
Do you have Night Storage Heating?

24H Estimated Annual Electricity Bill Example

An example of how the Estimated Annual Bill is calculated for an electricity Urban 24 Hour meter customer on our standard tariff with the average energy use of 4,200kWh per year with paper bills is given below.
EAB = Unit Rate X 4,200kWh + Energy-Related Charges + 13.5% VAT.
Unit Rate per kWh excl VAT €0.2331
CRU Average Annual Consumption 4,200kWh
Annual Electricity Charge €0.2331 x 4,200kWh = €979.02
Annual Standing Charge excl VAT €242.90
Annual PSO Levy excl VAT €78.24 (March 2021)


Total excl VAT €1300.16
VAT at 13.5% €175.52


Estimated Annual Bill €1475.68

Day/Night Estimated Annual Electricity Bill Example

An example of how the Estimated Annual Bill is calculated for an electricity Urban Day/Night meter customer on our standard Day/Night tariff with the average energy use of 4,200kWh per year (2,100 kWh Day, 2,100 kWh Night) with paper bills is given below.
EAB = (Day Unit Rate X 2,100 kWh) + (Night Unit Rate X 2,100 kWh) + Energy Related Charges + 13.5% VAT.
Day Unit Rate per kWh excl VAT €0.2579
Night Unit Rate per kWh excl VAT €0.1566
CRU Average Annual Consumption 4,200kWh
Annual Electricity Charge (€0.579 x 2,100 kWh) + (€0.1566 x 2,100 kWh) = €870.45
Annual Standing Charge excl VAT €242.90
Annual PSO Levy excl VAT €78.24 (March 2021)


Total excl VAT €1191.59
VAT at 13.5% €160.86


Estimated Annual Bill €1352.45

SST Estimated Annual Electricity Bill Example

An example of how the Estimated Annual Bill is calculated for an electricity Urban smart meter customer on our standard smart tariff with the average energy use of 4,200kWh per year (2,688 kWh Day, x 966 kWh Night, x 546 kWh Peak) with paper bills is given below.
EAB = (Day Unit Rate X 2,688 kWh) + (Night Unit Rate X 966 kWh) + (Peak Unit Rate X 546 kWh) + Energy Related Charges + 13.5% VAT.
Day Unit Rate per kWh excl VAT €0.2289
Night Unit Rate per kWh excl VAT €0.1784
Peak Unit Rate per kWh excl VAT €0.2739
CRU Average Annual Consumption 4,200kWh
Annual Electricity Charge (€0.2289 x 2,688 kWh) + (€0.1784 x 966 kWh) + (€0.2739 x 546 kWh) = €937.16
Annual Standing Charge excl VAT €242.90
Annual PSO Levy excl VAT €78.24 (March 2021)


Total excl VAT €1258.30
VAT at 13.5% €169.87


Estimated Annual Bill €1428.17

SST EABs are based on 4,200 kWh split across load profiles that break down as follows
Urban
Day: 2,688 kWh, Night: 966 kWh, Peak: 546 kWh
Rural
Day: 2,646 kWh, Night: 1050 kWh, Peak: 504 kWh

Note that the examples are for illustrative purposes only and may not reflect current prices.
Please contact our sales team to discuss your bill.