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Yuno Energy Temporarily Freezes Prices Amid Widespread Supplier Increases

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Rising Energy Bills Loom for Over a Million Households as Government Holds Firm on support

Dublin, Ireland – October 6, 2025 – Over one million households across Ireland are facing impending increases in energy bills this month, despite calls for renewed Government intervention. Several energy providers are enacting price rises, while officials have confirmed there will be no reinstatement of universal energy credits this year. The situation is sparking concern amidst a continuing cost-of-living crisis impacting families nationwide.

Energy Supplier Price Adjustments

Yuno Energy has announced a commitment to freezing electricity and gas prices for the winter period, potentially offering substantial savings to new customers. According to the company, consumers switching to Yuno for both gas and electricity could save nearly €1,000 annually. PrepayPower is also implementing a price freeze, benefiting approximately 240,000 of its customers.

However, other suppliers are moving in the opposite direction. Energia will be raising its electricity unit rates by 13.5% starting october 9th, alongside an increase to standing charges. Bord Gáis Energy is implementing similar increases – a 13.5% rise in electricity unit rates and a 12% increase in standing charges – effective October 12th. SSE Airtricity is also increasing prices, with a 9.5% rise impacting 460,000 customers from October 20th. Pinergy will be the last to increase their prices with a 10% hike starting October 13th.

Here’s a breakdown of the price increases:

Supplier Price increase Effective date Affected Customers
Energia 13.5% (Electricity Rate & standing Charge) October 9th ~300,000
Bord Gáis Energy 13.5% (Electricity Rate) & 12% (Standing Charge) October 12th ~370,000
SSE Airtricity 9.5% (Electricity Rate) October 20th ~460,000
Pinergy ~10% (Electricity Rate) October 13th ~28,000

Government Stance and Consumer Impact

The Government’s decision not to reinstate energy credits, which provided a total of €250 to households last year, has drawn criticism. Tánaiste Simon Harris recently suggested the possibility of “price-gouging” by energy companies, hinting at a need for closer scrutiny of market practices. The absence of financial support comes at a time when households are already grappling with rising living costs and inflation. The proclamation of a lack of support comes as the energy sector witnesses a surge in global gas prices, directly impacting Ireland’s electricity costs.

“The coming winter is going to be arduous for many customers,” stated Cathal Fay, chief executive of Yuno Energy. “We believe this announcement will reassure both existing and new customers that they can have predictability about energy costs for the coming months.”

Eoin Clarke, commercial director at price-comparison site Switcher.ie, cautioned that the combination of price increases, the end of the VAT cut on energy bills, and the removal of universal credits could create significant financial strain for Irish households.

Did you know? Ireland imports a significant portion of its energy, making it vulnerable to fluctuations in international commodity markets.

Pro Tip: Regularly compare energy prices from different suppliers to ensure you are getting the best available deal.

Understanding Energy Price Fluctuations

Energy prices are influenced by a complex interplay of global factors, including geopolitical events, weather patterns, and supply and demand dynamics. The war in Ukraine, for instance, has had a significant impact on natural gas supplies to Europe, and consequently, on electricity prices in Ireland. Understanding these factors can help consumers make informed decisions about their energy consumption and choices.

In ireland, the Commission for Regulation of Utilities (CRU) plays a crucial role in overseeing the energy market and protecting consumer interests. The CRU regularly publishes facts on energy prices and provides guidance to consumers on how to reduce their energy consumption.

Frequently Asked Questions about energy Prices

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