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    Linz AG increases electricity prices


    May 24, 2022 - APA EconomicNews Service

     

      Linz AG will increase electricity prices on 1 July. The measure had become necessary due to high procurement costs, the company announced on Tuesday. It is the first tariff increase for existing customers in twelve years. For an average household with an annual consumption of 2,500 kWh, the additional costs amount to EUR 18.44 (USD 19.37660 million) per month, the company calculated. The price increase was delayed as long as possible, stressed energy sales manager Peter Steinberger, but at the moment the company can no longer compensate for the cost pressure. (EUR 1 = USD 1.051)

      (Die APA - Austria Presse Agentur hat das alleinige Recht auf Verbreitung ihrer Meldungen und Dienste. Die Bezieher sind berechtigt, diese im Rahmen der jeweils gültigen Verträge zu nutzen. Jegliche darüber hinaus gehende Nutzung, insbesonders die Weitergabe an Dritte, ist untersagt.)

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