Yuno Energy announces electricity and gas price freeze for winter months
Eva Osborne
Yuno Energy has announced a price freeze for electricity and gas customers for the winter months.
The bill pay service was set up two years ago and has 65,000 customer accounts.
After recent price rises announced by key competitors, a customer moving to Yuno Energy for both electricity and gas could save up to €945, the energy supplier said, made up of savings of €551 on electricity and €384 on gas (based on average usage).
New business unit rates are:
- Electricity: 25c (including VAT)
- Gas: 7.85c (including VAT).
Yuno's chief executive, Cathal Fay, said that the absence of universal energy credits this winter would make customers more price-sensitive than ever.
“The coming winter is going to be difficult for many customers and we believe that this announcement will reassure both existing and new customers that they can have predictability about energy costs for the coming months," he said.
Yuno Energy is a sister company of PrepayPower – Ireland’s largest pay-as-you-go energy company. Last week, PrepayPower announced a similar freeze on prices for the winter months.
In recent weeks a number of providers of electricity and gas have announced price increases including Energia, Bord Gáis Energy, Pinergy, SSE Airtricity, and Flogas.
