Yuno Energy to raise electricity and gas prices up to 11% from July 1
A baker's-dozen of insight crammed into one ring.
Summary
Yuno Energy is raising electricity prices by 9.5% and gas prices by 11% starting July 1, citing rising wholesale energy costs due to the Middle East conflict. The increases will add approximately €3.24 per week to electricity bills and €3 per week to gas bills. Yuno is also increasing solar export rates by 8%. This follows a similar price hike announcement from Electric Ireland for the same date.
Key quotes
· 5 pulledYuno Energy will increase electricity prices by 9.5% and gas prices by 11% starting July 1.
The company says the change is driven by rising wholesale energy costs linked to the war in the Middle East.
Based on average usage, the increases are expected to add €3.24 per week to electricity bills and €3 per week to gas bills.
Yuno also plans to raise 'export' rates for solar customers by 8%, increasing payments for excess renewable power sold to the grid.
The move follows a similar July 1 price hike announcement from Electric Ireland, which cited knock-on effects from Middle East conflict.
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