What Are Yuno Energy Rates in 2024?

Yuno Energy is offering tariffs from €1,226.49 a year, making it as of April 2024, the 2nd cheapest energy provider in Ireland! As Ireland’s newest energy provider, they have promised to become the cheapest provider on the market and have dropped their prices several times since entering the market in 2023. Our Yuno Energy guide will outline their rates in 2024, and how they compare with other energy providers.

What Are Yuno Electricty Rates in 2024?

Yuno Energy claim to have the cheapest electricity prices on the market with rates per kWh as low as 25.24 cent incl. VAT. They currently offer a range of fixed and variable rate tariffs. Let’s have a look at their tariffs for 2024.

Yuno Energy is currently offering a variety of different tariffs. These include 12 month fixed rate tariffs, as well as standard rate and flexible rate tariffs, where the cost of your electricity will move with the electricity market.

🛠️ Fixed Discount Plan

Fixed Discount Plan

EAB from

€1,226

49 /year

12 months fixed

Urban Meter

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Urban 24hr

• Unit Rate: 25.24c /kWh
• Standing Charge: €264.73
• EAB: €1,324.99

Urban Day/Night

• Day Rate: 25.31c /kWh
• Night Rate: 17.48c /kWh
• Standing Charge: €327.83
• EAB: €1,226.49

Electricity Only

Exit Fee: €50

Fixed Discount Plan

EAB from

€1,294

12 /year

12 months fixed

Rural Meter

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Rural 24hr

• Unit Rate: 25.24c /kWh
• Standing Charge: €326.24
• EAB: €1,386.50

Rural Day/Night

• Day Rate: 25.31c /kWh
• Night Rate: 17.48c /kWh
• Standing Charge: €395.46
• EAB: €1,294.12

Electricity Only

Exit Fee: €50

Last updated: April 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

📈 Variable Discount Plan

Variable Discount Plan

EAB from

€1,382

37 /year

Variable

Urban Meter

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Urban 24hr

• Unit Rate: 30.51c /kWh
• Standing Charge: €264.73
• EAB: €1,546.11

Urban Day/Night

• Day Rate: 31.77c /kWh
• Night Rate: 18.44c /kWh
• Standing Charge: €327.83
• EAB: €1,382.37

Electricity Only

Exit Fee: €0

Variable Discount Plan

EAB from

€1,450

01 /year

Variable

Rural Meter

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Rural 24hr

• Unit Rate: 30.51c /kWh
• Standing Charge: €326.24
• EAB: €1,607.62

Rural Day/Night

• Day Rate: 31.77c /kWh
• Night Rate: 18.44c /kWh
• Standing Charge: €395.46
• EAB: €1,450.01

Electricity Only

Exit Fee: €0

Last updated: April 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

👍 Standard Plan

Standard Plan

EAB from

€1,554

05 /year

Standard

Urban Meter

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Urban 24hr

• Unit Rate: 35.48c /kWh
• Standing Charge: €264.73
• EAB: €1,754.87

Urban Day/Night

• Day Rate: 36.94c /kWh
• Night Rate: 21.45c /kWh
• Standing Charge: €327.83
• EAB: €1,554.05

Electricity Only

Exit Fee: €0

Standard Plan

EAB from

€1,621

68 /year

Standard

Rural Meter

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Rural 24hr

• Unit Rate: 35.48c /kWh
• Standing Charge: €326.24
• EAB: €1,816.38

Rural Day/Night

• Day Rate: 36.94c /kWh
• Night Rate: 21.45c /kWh
• Standing Charge: €395.46
• EAB: €1,621.68

Electricity Only

Exit Fee: €0

Last updated: April 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

💡 Standard Smart Plan

Standard Smart Plan

EAB from

€1,821

56 /year

Variable

Time of Use Tariffs

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Urban Smart Meter

• Day Rate: 43.19c /kWh
• Night Rate: 37.51c /kWh
• Peak Rate: 23.64c /kWh
• Standing Charge: €264.73
• EAB: €1,821.56

Rural Smart Meter

• Day Rate: 43.19c /kWh
• Night Rate: 37.51c /kWh
• Peak Rate: 23.64c /kWh
• Standing Charge: €322.26
• EAB: €1,879.09

Electricity Only

Exit Fee: €0

Last updated: April 2024
EAB calculated based on average electricity usage (4,200 kWh) with VAT and PSO Levy included.

What Are the Yuno Energy Standing Charges?

Standing charges are the fixed costs you pay in order to have your electricity line connected to your property. These are usually advertised annually, but the costs are spread over the course of the year, so you’re not paying it all in one hit. With Yuno Energy, there are urban standing charges and rural standing charges, which can be a little more expensive. Here’s a list of the current Yuno Energy standing charges:

Is Yuno Energy the Cheapest Electricity Provider in 2024?

Yuno Energy’s Fixed Discount Plan currently offers the 2nd cheapest rate of electricity on the market as of April 2024 when compared to the standard rate tariffs of other energy providers. Having said that, their variable rates are more or less the same as other providers, with their smart plan in particular more expensive than other providers such as Energia.

*Figures are for illustrative purposes only. Calculations based on average consumption figures for an urban home with a 24-hour standard meter unless specified. All discounts and cashback have been applied. This also includes the PSO Levy at €0.00.
Last updated: May 2024

Is It Worth Switching to Yuno Energy?

Finding the right energy provider for you and your energy needs can be tricky. Given the volatility of the market in recent years along with the big increase in electricity prices, a new provider such as Yuno Energy entering the market can help you make better comparisons between providers.

What Are Yuno Energy Advantages

• Flexible Payments
  Yuno’s flexible payment system gives you greater control over how your payments are made, including deciding how much of your estimated bill you want to pay, or setting a particular date of the month for the payment to be made.
• Monitor Your Usage With the Yuno App
  With the Yuno app, you can keep an eye on how much energy you are using in your home. With this insight, you can see where you can be more energy efficient and make the necessary changes to reduce your estimated monthly bill.
• Attractive Discounts for New Customers
  Since entering the market in August 2023, Yuno have reduced the price of their Fixed Discount Plan three times, making them the 2nd cheapest energy provider on the market as of April 2024. While this offer only applies to new customers, it represents a significant reduction in price, especially for those looking for a cheaper provider.
• Extensive Customer Support Network
  While most energy providers only offer a Monday to Friday service, Yuno Energy offers a 7-day customer support phone line along with email and online digital assistant supports.
• Energy Security
  As a subsidiary of Prepay Power, one of Ireland’s largest energy providers, Yuno Energy is better placed to handle the volatility of the energy market and is much less likely to exit the market. This can give you peace of mind when switching to a new provider.

What Are Yuno Energy Disadvantages?

• Expensive Variable Rate
  While Yuno Energy’s Fixed Discount Plan offers the current cheapest rate on the market, their variable rate plans are more or less as expensive as other providers.
• Advance Payments
  Yuno’s prediction based model takes payment in advance, which many customers might find difficult to manage compared to other energy providers who take payment at the end of each month.
• Smart Meter Dependent
  Yuno’s model of accurate energy readings and predicted bills requires a smart meter in order to gain as accurate a reading as possible. For new customers who do not yet have a smart meter installed, they might find themselves paying more than they should on estimated bills.
• No Online Portal
  Yuno does not provide an online portal and instead encourages its customers to use its app to manage their account, track their electricity usage, etc. For less tech-savvy customers, this might be off-putting and complicated to use when problems arise.
• No Direct Debit
  As customers make payments towards an estimated bill, the lack of direct debit can make it more difficult to track your finances and also to resolve any issues that may arise with payments.

Check Out Our Yuno Energy Reviews Guide!

Do I Need a Smart Meter With Yuno Energy?

While it’s not necessary to have a smart meter to switch to Yuno Energy, their model of highly accurate meter readings along with customer's ability to track their usage through the Yuno App make having one very useful. Yuno offer a meter switching service when you sign up, so you can still make the change and avail of thier switching offers.

How Do I Switch to Yuno Energy?

Yuno make it easy for customers looking to switch their energy providers. They offer two methods of switching either online, or by phone:

Online

By visiting the Yuno Energy website, you can make the switch by completing the online form. The 5-step process takes only minutes to complete and all you need to have is your email address, mobile number, MPRN or Eircode, and bank card.

By Phone

Alternatively, those wishing to contact Yuno directly to make the switch can contact them at 1800-553-344. You will still need your email address, mobile number, MPRN or Eircode, and bank card.

Still Not Sure About Switching?

Making the right choice when it comes to choosing the right energy provider for you can be tricky. While often the price advertised can be very attractive, there are often extra costs and hidden terms to a contract that can make it less affordable than first advertised.

Here at Selectra, our dedicated team of energy experts are on hand to handle all your queries about switching energy providers to make sure that you get the best provider for you. Contact our call centre or request a free call back today to talk to one of our team about switching today.