It says the change could save people almost €60 per year
Electricity supplier Electric Ireland say customers are going to see their bills drop by up to 6%.
It has announced it will reduce its standard electricity unit rates for residential customers from June 1st.
It says the reduction will benefit residential electricity customers with a saving of €57.75 - or 5.2% - per year on the average bill.
Electric Ireland executive director, Jim Dollard, said: "This is Electric Ireland's third electricity price decrease in less than two years".
"It means the average annual residential bill for our customers will have reduced by more than €100 over the last 19 months".