Verbund changes electricity tariffs: This will be different for household customers

The new network tariff including the discount, is based on the cheapest offers without a discount, which, according to the E-Control tariff calculator, have been starting at 9 to 10 cents net for some time. Including 20 percent sales tax, the new Verbund electricity price is 11.40 cents in the first year. The partially state-owned company provides a price guarantee for the new tariffs for 12 months.

New tariff for existing customers

As Verbund press spokeswoman Ingun Metelko explained, existing customers can also switch to the new tariff structure and also receive a discount of 3 cents per kWh for the next 12 months. Customers who have switched to Verbund in the past 12 months and are currently benefiting from the “5 months of free electricity” campaign can also switch to the new tariff after the 12-month minimum contract period has expired.

In January, Verbund boss Michael Strugl announced a new “Austrian tariff” for less than 10 cents net per kWh, which was seen by Chancellor Christian Stocker (ÖVP) as a “big step” towards “cheap energy prices”. Other members of the government also welcomed the announcement at the time.

The net electricity price makes up around a third of the final electricity bill and can be chosen by the customer themselves – and reduced through price comparisons. The remaining two thirds are accounted for by network costs and taxes and duties and depend on the respective network area and place of residence.