For Illwerke customers

From April 1: Electricity price drops below 10 cents again

Illwerke is reducing the electricity price for private and commercial customers to 9.90 cents net per kWh. However, CEO Christof German is already putting the brakes on the expectations of all savers - and has good reason to expect that overall costs will rise despite the price reduction.  

What sounds quite good for customers at first glance is unlikely to result in savings at the bottom line. Although Illwerke customers will be paying less for electricity from the beginning of April - the gross saving for an average household with a consumption of 3,500 kWh is likely to be around 30 euros per year - the state subsidies will gradually run out.

It is therefore hardly surprising that Christof German, CEO of Illwerke, expects total electricity costs to rise for most customers despite the reduction in electricity prices. "As an energy supplier, we can only directly influence the energy portion," he explains. Here and in terms of grid tariffs, Vorarlberg residents would benefit from the lowest costs in Austria. German also advocates continuing to suspend the electricity tax. Low-income earners should also continue to benefit from lower grid tariffs.

Investments in security of supply 
In addition to the reduction in electricity prices, the 2025 construction budget of around 440 million euros was also approved at the Illwerke Supervisory Board meeting. "In addition to investments in the expansion of renewable energies and security of supply, 35 million euros have also been budgeted for the expansion of the fiber optic network in Vorarlberg," said Gerd Wegeler, Member of the Executive Board.