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A new entrant into the retail electricity market Yuno

In the aftermath of Russia’s invasion of Ukraine almost 2 years ago, wholesale and retail energy prices soared to levels not seen in decades.  The biggest retail energy providers didn't waste much time in hiking up prices in 2022.  But when wholesale costs came crashing back down last year, households didn't see much of a change in what they were paying.  Now a new entrant into the retail electricity market Yuno has slashed prices once again and claims to be the lowest in Ireland.    But how can it afford to do that? We speak to Cathal Fay is the Chief Executive of Yuno Energy. 

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06.50 4 Jan 2024


A new entrant into the retail electricity market Yuno



Share this article

06.50 4 Jan 2024


In the aftermath of Russia’s invasion of Ukraine almost 2 years ago, wholesale and retail energy prices soared to levels not seen in decades.  The biggest retail energy providers didn't waste much time in hiking up prices in 2022. 

But when wholesale costs came crashing back down last year, households didn't see much of a change in what they were paying.  Now a new entrant into the retail electricity market Yuno has slashed prices once again and claims to be the lowest in Ireland.   

But how can it afford to do that? We speak to Cathal Fay is the Chief Executive of Yuno Energy. 


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