Yuno Energy announces price increase for electricity and gas from 1st of July

Yuno Energy has announced a price increase in its charges for both electricity and gas.  The increase will take effect from 1^st July.  It is the first increase in prices by the supplier since it was set up 3 years ago (August 2023).  Last October the supplier introduced a price freeze for the winter months even as most other suppliers raised their prices. 

The supplier said that the increase was a result of rising wholesale energy costs linked to the war in the Middle East. 

The increase will be 9.5% and 11% respectively on the estimated annual electricity and gas bills.  Based on average usage levels, this will mean an increase of €3.24 per week on electricity bills and €3 per week on gas bills. 

The company also announced that “export” rates for solar customers will increase by 8%, recognising the value of their renewable generation to the grid and their contribution to reducing Ireland's dependency on gas imports.

Speaking today, Margaret O’Connor, Managing Director of Yuno Energy , said “We’ve held our prices for the three years since we launched — including through the recent winter when many other suppliers increased their rates. Unfortunately, due to the impact of the Middle East war on wholesale energy prices we can no longer delay this increase.”

Ms. O’Connor encouraged customers to take advantage of the Yuno App which allows customers to monitor in what their energy is costing them; “All our customers can see exactly what they are spending and choose what to do about it — something our customers tell us they value at times like this.”