Energy prices in January increased with an incredible 12.8 percent compared to December. For electricity, the Austrians even paid 45.4 percent more. One reason: the Remrem of the Electricity Prize has not been in force since 2025.
The inflation continues: electricity prices increased by an incredible 35.5 percent within a year. Because there has been no state aid since the beginning of the year, such as the electricity cost brake. Moreover, the network costs and levies are no longer filled in by the state budget, which also influences electricity prices.
“However, a large part of the current cost increases is not due to pure energy prices, but on higher network costs and tasks,” explains Lukas Zwieb, an expert in the energy agency.
In general, energy costs rise less than inflation
The prices for all energy sources in general have not risen so clearly. This is because, for example, natural gas and wood pellets became cheaper. In general, the plus was even lower than inflation in terms of energy costs. In comparison with the previous year, prices for all energy sources increased by 2.7 percent, inflation was 3.2 percent in January.
Diesel and super gasoline more expensive
There are also bad news for drivers: prices for diesel and super gasoline rose by 3.7 percent in January. While diesel remained 2.1 percent cheaper in the year, super gasoline was 2.5 percent more expensive compared to the previous year.
Changing providers can lower the costs
For the coming weeks, the energy agency still expects easy relaxation for fuels and heating oil. Households recommend the agency to actively lower their own energy costs by comparing and changing providers. Further savings are possible by using energy -efficient devices, reducing electricity consumption or by participating in communities for renewable energy.
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.