Electricity prices explode: concern for social consequences for households is growing!

Electricity prices explode: concern for social consequences for households is growing!

Laimgrubengasse 10, 1060 Wien, Österreich - The rising energy prices bring new fears and challenges for households in Austria. According to a quick estimate of statistics Austria, prices in January increased by 3.3 percent compared to the previous year, and 1.1 percent compared to the previous month. Above all, these developments drive the concerns of people with low incomes, as Erich Fenninger, director of Volkshilfe Austria, emphasizes. The uncertain location, which has arisen from the expires of the electricity cost brake and impending rental price increases, is a problem for many. Fenninger warns that people in particular are sensitive to the increased cost of living, since they have to use a large part of their income for basic needs such as energy, living and food. You can achieve the inflations first, which further tightens your situation, such as reports.

For 2025, households are confronted with electricity costs of up to 45 percent, triggered by leaving the electricity price brake and rapidly rising network charges. This situation leads to alarming warnings from organizations such as Attac and Volkshilfe. According to Hanna Braun, energy expert at Attac, the state suppliers would have made a profit over 2.5 billion euros in 2023, while households are under massive pressure. The liberalization of the energy market is regarded as a serious mistake that urgently requires stronger democratic control. In this context, the organizations require immediate measures and propose a concept of a "basic energy claim" that should ensure affordable access to energy for all households, as in the report of