Yuno it makes sense! Power supplier slashes prices
A 12% CUT in electricity prices was announced by a new entrant to the domestic market yesterday.
Yuno Energy is now offering the cheapest rates on the market and switching to it would save a typical customer €355 on average standard rates at other power suppliers. Yuno chief Cathal Fay said: ‘The new rate will be particularly attractive to customers who haven’t switched energy provider in over a year.
‘There is now real value to be had from switching and Yuno is leading the way in this regard.’ The price cut was ‘great news’ for households as the cold autumn and winter months loom, said domestic energy market expert Daragh Cassidy, of price comparison site Bonkers.ie.
Mr Cassidy said: ‘This latest price decrease makes Yuno the cheapest electricity supplier in the country, even after the price reductions that have been announced from the other suppliers come into effect. It’ll be interesting to see how the competition reacts seeing as most of them only just announced a price decrease,’ He also pointed out that despite recent price falls, energy costs are at ‘historically high levels’.
‘However, households can greatly ease the burden by switching supplier and availing of a cheaper tariff so I’d encourage everyone to do it. Switching is quick and easy and can all be done online in a matter of minutes,’ he added.
Yuno Energy is the newest entrant to the Irish market, only launching two months ago, in August. The launch was followed by a wave of price reductions from all the major players. Its price cut takes place with immediate effect with a new unit rate for electricity of 33.66c per kWh, down from 38.05c. This is the cheapest rate in the market, and the total cost for a typical customer is estimated to be €1,665 per year – which is €355 cheaper than the average standard rates from other suppliers. Importantly, this is after the recently announced price reductions by other suppliers take effect.
Yuno boss Mr Fay added: ‘Customers know how much energy they use and precisely how much their bill will be throughout the month.’
force’ to punish Hamas and said Israel’s actions would ‘change the Middle East’.
Authorities in Gaza said Israel’s airstrikes had hit a refugee camp, a hospital and mosques, and had killed 687 people and injured a further 2,900.
The death toll prompted the chilling threat to execute hostages seized during Saturday’s deadly attacks, the bloodiest on Israeli soil for 50 years.
The Al Qassam Brigades, the armed wing of Hamas, threatened to execute the hostages one by one, and to film their murders.
Spokesman Abu Obeida said: ‘We have decided to put an end to this as of now and we declare that any targeting of our people in their homes without prior warning will be regrettably faced with the execution of one of the hostage civilians we are holding.’
Israel warned that any harm to the hostages would constitute a war crime and ‘will not be forgiven’. The threats of escalating violence came as:
■ Israel warned its citizens to prepare and stow food for three days inside safe rooms and bomb shelters;
■ Hezbollah fired rockets into northern Israel after four of its members were killed by Israeli shelling;
■ One Irish-Israeli woman and at least ten British citizens were reported to be among the dead and missing;
■ President Biden announced 11 US citizens had been killed in the conflict;
■ Harrowing stories continued to emerge of families killed in Saturday’s assaults;
■ A senior figure from Hamas warned Israel would provoke ‘a new round of violence’ while speaking at an online Sinn Féin event in 2020;
■ Dozens attended a demonstration at Leinster House yesterday in solidarity with the Palestinian cause, organised by the Irish Anti War Movement and supported by People Before Profit and the Union of Students in Ireland. In a post on social media supporting the rally, PBP TD Paul Murphy said: ‘Stop the attacks on Gaza! Free Palestine!’
The Al Qassam threat to execute hostages has heightened tensions still further in the region. Hamas has continued to send rockets from Gaza into Israel, which has promised a ‘complete siege’ of the territory to cut off supplies of food, water, electricity and fuel. Gaza has been hit with up to 1,000 airstrikes since Israel launched Operation Swordsof Iron. Its officials likened Saturday’s attacks to the 9/11 atrocity in the US or the Pearl Harbor bombing.
In a televised address to the nation last night, Mr Netanyahu warned that the three days of airstrikes carried out so far were only the beginning.
‘We have only started striking Hamas,’ he said. ‘What we will do to our enemies in the coming days will reverberate with them for generations.’
He vowed to ‘do everything’ to free those held captive in Gaza, adding: ‘I promise you this, citizens, at the end of the war our enemies will know it was a terrible mistake to attack Israel.’
He likened Hamas’s actions to the atrocities carried out by the Islamic State terror group, with captives bound and killed.
Israel’s president Isaac Herzog said: ‘To my mind, not since the Holocaust have so many Jews been killed in one day.’
Meanwhile, the EU backtracked yesterday on an announcement that aid to Palestinians had been suspended. The confusion began after Oliver Varhelyi, the top official for relations with the EU’s neighbours, said the European Commission was putting aid for Palestinians, worth €691million, under review.
Ireland, along with Spain, Portugal, and
Luxembourg publicly voiced alarm while other countries did so behind the scenes, diplomats said. A Department of Foreign Affairs spokesperson said: ‘Our understanding is that there is no legal basis for a unilateral decision of this kind by an individual Commissioner and we do not support a suspension of aid.’
More than five hours after Mr Varhelyi’s post, the commission issued a statement confirming it had started an urgent aid review but also declaring: ‘There will be no suspension of payments’.