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Association: Strugl announces price reduction

Association: Strugl announces price reduction
Verbund boss Michael Strugl
Image: VOLKER Weihbold

“We will very likely make our customers an offer here in June. It will probably be less than 20 cents, from now 24 cents,” said Strugl on Saturday in ORF radio’s “Ö1-Mittagsjournal”. As recently as March 1, the partially state-owned electricity company had increased the energy price for its approximately 500,000 household customers to 23.9 cents net per kilowatt hour (kWh).

Strugl once again defended the collective bargaining policy of the group. In the previous year, wholesale prices had risen much more and faster than the tariffs of many customers. The high purchasing prices were only delayed in the households and did not fully reach them. However, according to Strugl, it is not true that the price increases were passed on faster than the price reductions.

Source: Nachrichten

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