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Verbund increases prices for new power plan

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The power company Verbund raises its prices. This only affects new customers. People with an old contract pay the same. The Austria plan now costs 10 cents per kilowatt hour. Before it was 9,50 cents. This applies to the first year.

From the second year it gets more expensive. Then the power costs 15 cents per kilowatt hour. The monthly base price is 4,20 euro without tax. The pure power price is only one part of the bill. It makes up about one third of the costs.

The other two thirds are taxes and grid costs. These depend on the place you live. Verbund names hard market conditions as the reason. The prices at the stock market rise again. Also wars abroad influence the costs for energy.

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Definitions

Kilowatt hour
A kilowatt hour is a unit for energy. It shows how much power a device uses in one hour.
Net costs
Net means a price without tax. On the power bill, taxes and fees come on top of the net price.
Stock price
At a stock market, power is traded like goods. The price changes there every day based on supply and demand.

Locations

Austria
Austria is a country in Europe where the power company Verbund works.

Sources

Logo ORF
ORF

Verbund hebt Stromtarif für Neukunden an

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Logo Standard
Standard

Adieu 9,5 Cent: Verbund hebt seinen Österreich-Tarif an

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Logo Die Presse
Die Presse

Verbund erhöht Strompreis für Neukunden

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Logo Kurier
Kurier

Wenige Monate nach Start: Verbund erhöht „Österreich-Tarif“

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