switcher.ie

Website:https://switcher.ie/
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Definitions (21)

1

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biomass


Biomass fuel is a renewable source of fuel derived from plants. It can be used to generate electricity. Biomass boilers and stoves are becoming increasingly popular.
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business plans


Businesses often use gas and electricity in larger quantities than personal users. To offer the best value, suppliers sell gas and electricity at rates that suit the needs of business in the form of business plans.
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capped plans


By choosing a capped plan, you pay the same amount for energy units over a set period of time. What you pay does not change whether electricity and gas prices rise or fall.
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commission for energy regulation


The Commission for Energy Regulation (CER)
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direct debit


Direct debits are payments that are taken from your bank account when your bill is due. Suppliers usually offer discounts for customers who choose to pay using this option. These discounts can be substantial, making paying by direct debit one of the cheapest ways to pay for your gas and electricity.
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dual fuel


Many companies supply both gas and electricity. When you choose to buy your gas and electricity from the same supplier, you use a dual fuel plan. Discounts are often offered to customers who choose this plan.
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estimated bills


Estimated bills are different to other price plans in that, rather than measuring the amount of electricity you use, your electricity supplier will estimate monthly levels of consumption. This estimate is based on either your previous usage, or a standard usage. You then pay for the estimated amount every month or quarter. After this period, your e [..]
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fixed price plan


A fixed price plan is similar to a capped plan with the difference that your gas and electricity rates will not increase, or decrease. So if electricity and gas prices become more expensive or less expensive, your rates will not change.
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green energy


This comes from either renewable sources or environmentally friendly sources. These can be as diverse as hydro, wind, solar, and biofuels.
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hydro energy


This is both renewable and environmentally friendly. It is produced by the power of moving water. Hydroelectric dams are used to harness energy from flowing and/or falling water by the use of rotating turbines. These then run generators that create electricity.
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