Electricity prices rise: What consumers in Austria now need to know!

Electricity prices rise: What consumers in Austria now need to know!

On May 24, 2025, it becomes known that electricity prices in Austria will increase from next June. At the same time, gas prices should fall, which is important for many households. This information comes from the 5min , which documents the developments by the Austrian energy agency.

The current electricity price index (ÖSPI month) is given as EUR 71.85/MWh, which means 10.4 % increase compared to the previous month. Compared to June of the previous year, the index has even increased by 8.2 %. The top load price is 16.6 % below the base load price, which will also be relevant to some consumers. In addition, the gas price index (ÖGPI month) was recorded, which declined by 1.8 % compared to the previous month. Nevertheless, the increase is 20.7 %compared to the same period of the previous year, with a current status of EUR 37.97/MWh.

market development and indices

The indices for electricity and gas are based on listings on the EEX (European Energy Exchange) and only depict the pure energy component. According to Energy Agency correspond to the indices of commercial activity in wholesale and thus reflect the dynamics of the energy markets. The standardized calculation method is intended to ensure transparent price developments for consumers and energy suppliers.

The total prices for electricity and gas are not only composed of the indices. They also contain network fees as well as taxes and levies. Rising or falling indices can therefore lead to subdued price changes for end consumers. It is still unclear whether the changes on the energy markets will also have long -term effects on end customer prices.

price trends in the energy sector

Further price developments in the energy sector show different trends. While electricity prices rose by 0.2 % in the month comparison and an increase of 36.3 % had to be recorded in the year, gas prices for end customers fell by 11.6 %. Diesel prices fell by 3.2 % in March 2025, which means a decline of 7.8 % in the year, while super petrol prices also fell by 3.2 % in the same period.

heating oil also reduced 4.1 % compared to February, which could be a good development, since heating oil prices were 8.6 % below the level of the previous year. These developments are part of a larger image that is sketched in the Energy Agency , where the trends for district heating and wood pellets are also illuminated.

Finally, it can be said that developments in the electricity and gas market should be followed carefully by consumers. A change of provider could turn out to be financially advantageous in order to counteract the increasing costs.