Another electricity and gas provider announces Winter price freeze

Yuno Energy has announced a price freeze for its electricity and gas customers for the winter months.

The energy supplier said it will not increase prices until the start of March, at the earliest.

65,000 customers will benefit from the freeze.

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Yuno Energy is the third energy provider to announce they won't be increasing prices over the Winter. 

PrepayPower and Electric Ireland have also committed to not raising prices until March at the earliest.

In recent weeks, SSE Airtricity, Bord Gáis Energy, Energia, Flogas and Pinergy all announced price increases for their electricity customers.

The chief executive of Yuno Energy, Cathal Fay, said the "absence of universal energy credits this winter would make customers more price sensitive than ever."

He added that "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".

The company said following the recent price rises announced by its competitors, "a customer moving to Yuno Energy for both electricity and gas could save up to €945, made up of savings of €551 on electricity and €384 on gas, based on average usage."