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Yuno Energy Announces Winter Price Freeze Amid Industry Hikes

Yuno Energy has announced a winter price freeze for its electricity and gas customers, promising not to raise rates until at least March 2026. The move comes as several other energy suppliers in Ireland have announced price increases ahead of the colder months.

The company, which launched just two years ago and now serves around 65,000 customer accounts, said the freeze aims to provide stability and reassurance to households facing higher living costs this winter.

Yuno’s sister company, PrepayPower — a pay-as-you-go energy provider — introduced a similar price freeze last week for its electricity and gas customers. Together, the two firms are positioning themselves as consumer-friendly alternatives in an increasingly expensive energy market.

Over the past month, major suppliers including SSE Airtricity, Bord Gáis Energy, Energia and Pinergy have all announced hikes in electricity tariffs, citing higher wholesale energy costs. Flogas has also raised its rates, intensifying pressure on household budgets. In contrast, Electric Ireland said it would hold electricity prices steady for the winter while slightly reducing its gas prices.

Yuno Energy’s Chief Executive, Cathal Fay, said the company’s decision was driven by a recognition that many customers are struggling with affordability and uncertainty. “The absence of universal energy credits this winter will make customers more price sensitive than ever,” Fay said. “The coming winter is going to be difficult for many, and we believe this announcement will reassure both existing and new customers that they can have predictability about energy costs for the coming months.”

The firm also highlighted the potential savings for households switching from rival providers. Based on average consumption, Yuno estimates that customers who move both their electricity and gas accounts to the company could save up to €945 annually — including €551 on electricity and €384 on gas.

The energy sector has been under renewed scrutiny this year as Irish households brace for another costly winter without government energy credits that had helped offset rising bills in previous years. Analysts have warned that higher wholesale costs, coupled with geopolitical tensions and supply constraints, could push prices even higher through 2025.

By holding its prices steady, Yuno Energy aims to capture customers seeking relief from these increases while reinforcing its image as a challenger brand committed to value and transparency.

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