Business Personal Finance

Saturday 16 December 2017

€100 Bord Gáis deal puts spark in energy price war

Bord Gais Energy has announced a new deal for customers
Bord Gais Energy has announced a new deal for customers
Charlie Weston

Charlie Weston

HOUSEHOLDERS who move to Bord Gáis Energy for their electricity supply will get cash back and a discount, under the terms of a new deal.

The former semi-state company is offering to pay €100 off bills, an incentive that can be activated at any time.

However, to get the discount and the cash incentive customers have to sign up for electronic bills and agree to level pay - where a set amount of taken from their bank account every month of the year.

The offer comes ahead of small cuts by the company in gas and electricity prices that are due to take effect next month.

The company, which is now owned by Britain's Centrica, said new customers can save between €192 and €234 annually by switching to it for the new offer. The higher saving is for those who move to Bord Gáis for both gas and electricity supply.

Simon Moynihan of price comparison site said the offer would mean that electricity only from Bord Gáis would be €92 cheaper than basic standard rates, but this was not the cheapest in the market.

Customers who move to Bord Gáis for both electricity and gas can get 10pc off each fuel.

Mr Moynihan said customers can save more by taking their gas and electricity from separate suppliers.

Customers who take up the Bord Gáis deal can also get up to 4,000 Tesco Clubcard points if they sign up for 24 months.

Irish Independent

Promoted Links

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Also in Business