The Austrians want to do something for the climate and are installing PV systems on their roofs. They supply their excess electricity to the electricity grid and receive a profit in return. But since January 1, the calculation formula has changed. This causes many angry reactions (see below) because there is significantly less money. Krone+ explains what owners of private PV systems should prepare for now.
“Why do you write badly about a technology that helps the environment?” we write as owners of PV systems Markus P. Since “Krone” highlighted the problems surrounding environmentally friendly power generators, we have received hundreds of responses from disappointed private users. At this point it should be noted: no one criticizes the innovative technology that should lead Austria to the energy transition. The anger of many Austrians is mainly caused by the jungle of financing and the poorly communicated financial backlog that has been raging since the beginning of the year. And that has to do with a new calculation formula that affects about 100,000 owners. Here are the facts:
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.