Klarnachrichten

New plan for power price limit

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The government plans a new law for the power price. The parties agree on the plan. The power price stays at 10 cents per kilowatt-hour. This applies when prices rise a lot. The limit starts when the price goes over 16.5 cents. This happens automatically on the bill.

There are 2 rules for the price limit. First, the market price must stay high for 3 months. Second, the normal price for customers must be over 16.5 cents. The office E-Control checks this every month. Power is cheap right now. The limit starts in the year 2027.

The industry also gets help from the government. Over 500 firms get money. This costs 250 million euros each year. Firms must keep their jobs. They can fire only few workers. The firms must also invest money in nature. The money comes from profits of the power firms.

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Definitions

Kilowatt-Hour
A unit to measure the use of electric power.
E-Control
A state office that checks the market for power and gas.

Locations

Austria
A country in Europe where this power limit starts.

Sources

Logo Standard
Standard

Österreich soll wieder eine Strompreisbremse bekommen – so funktioniert sie

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Logo 5 Minuten
5 Minuten

Automatisch ab 16,5 Cent: Regierung beschließt Strompreisdeckel

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Logo VOL
VOL

Regierung beschließt Strompreisdeckel für Krisenfälle

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Logo ORF
ORF

Regierung bringt Strompreisdeckel auf den Weg

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