A new electricity price for customers of illwerke vkw is coming – but is this price reduction enough or would there have been more?
Most of the offers from illwerke vkw in terms of price for existing customers were more in the middle, as reported by VN.AT. That should change now. As of July 1, 2023, the new maximum kilowatt price will be 18.7 cents per kilowatt hour (KWh) and the price will be guaranteed until March 31, 2025. What customers need to know: You have to actively switch.
12 points on the planned reduction in electricity prices in Vorarlberg
- illwerke vkw has announced that it will reduce electricity prices as of July 1st.
- Die price cut is possible due to falling wholesale prices and a changed procurement strategy.
- The prices for the new electricity product are included 18,7 Cent netto per kilowatt hour.
- According to their own statements, illwerke vkw will thus become the cheapest provincial energy supplier in Austria.
- A new product is launched, for which the customers active decisioncan.
- The upper price limit for the new product is guaranteed to be 18.7 cents net per kilowatt hour until March 31, 2025.
- price changes are before this date only downwards possibleh.
- The old electricity productt for household customers and small businesses will be phased out.
- Seel is to contractually transfer all customers to the new product.
- The product change should be easy and also possible online be.
- The Vorarlberger electricity discount of the state and the electricity price brake of the federal government remain unchanged.
- In June, illwerke vkw customers will meet in a personal letter above all details informed about the new electricity product.
—>>> To the Austrian electricity price comparison
Christof Bitschi (FPÖ)
Christof Bitschi: “A step in the right direction”
The announcement by illwerke vkw to lower the price of electricity is “a first step in the right direction” for FPÖ state chairman Christof Bitschi. “Obviously the pressure on those responsible and the black-green state government has become too great and our commitment to lowering the price brings initial success for the people in the state,” says Bitschi. The head of the Vorarlberg FPÖ demands even more: “Further relief steps for the people of Vorarlberg will have to follow and we will continue to do our utmost for this necessary relief.”
Manuela Auer (SPÖ)
Auer: “Price shock”
“After the price shock for electricity and gas was announced a few weeks ago and some Vorarlbergers had to accept their regulations angrily, the state rowed back a little. However, there is no real relief for people in the worst inflation crisis in decades,” rumbles AK Vice President Manuela Auer (SPÖ). It is also particularly annoying for Auer that the mandatory application for a new electricity product creates an additional hurdle for customers to get the cheaper electricity prices. In addition, the new model is only valid for a limited period. illwerke vkw would make record profits at the expense of taxpayers and the country would also benefit from a dividend. “This will again create uncertainty. It would be much easier to lower the price of electricity in general and thus relieve people in the long term,” emphasizes Auer.
Review by NEOS
Garry Thur (NEOS)
©K. Hartinger
“NEOS put pressure on the electricity price increase on April 1st, now it will be withdrawn with more bureaucracy for customers,” says Garry Thür. “Only those who change their tariff can get the cheaper price. This makes the procedure extremely tedious for customers and it is questionable which other parts of the contract will also change as a result. In addition, the cheaper tariff is still above the electricity price brake, which means that the effect is only partially effective. As before, no one knows how the purchase prices and the cost base of illwerke vkw AG have developed, more transparency and less PR towards the population is finally needed here.” (VOL.AT)
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