More Households and Businesses Switch Energy Suppliers
A total of 377,840 customers switched electricity and gas suppliers in 2024, representing a switching rate of 4.7%.
Austria Urged to Boost Wind Power to Meet Climate Goals
Wind power production must increase nearly sixfold from 2024 levels for Austria to hit its 2040 climate-neutral target.
Constitutional Court Upholds Profit Limit on Electricity Providers
The cap, in place from December 2022 to June 2023, limited profits from electricity generated by sources like renewable energy.
Fuel Consumption in Austria Continues to Decline
Last year, diesel consumption fell by 4.5% to 5.56 million tonnes, while petrol consumption increased by 1.8% to 1.66 million tonnes.
Energy Bills to Rise Sharply in 2025
The increase is expected to push annual household energy bills up by several hundred euros, varying by region and usage levels.
E-Control Calls for Monthly Electricity Bills as Prices Rise
E-Control argues that monthly billing will make consumers more aware of their spending and encourage them to switch energy providers.
Austria to Cut Gas Network as Households Move Away from Gas
As more Austrian households turn to alternative heating, the remaining gas users risk ending up with higher bills.
Nearly 85% of Austria’s Electricity Comes from Renewables
The 84.73% derived from renewables comprised 61.65% hydropower, 12.15% wind energy, and 10.93% solar energy, biomass, and other renewables.
Austrian Electronics Industry Faces Tough Year Ahead
The decline in the export rate, high energy costs, wage negotiations, and political inaction have exacerbated the crisis.
Austrian Household Energy Prices ‘Continue to Fall’
Over the past year, household energy prices have fallen by 11.5%, easing overall inflation, with the steepest reductions in heating oil and fuels.