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Energie AG Oberösterreich terminates 20,000 PV contracts

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Energie AG Oberösterreich terminates 20,000 PV contracts

Energie AG (EAG) Upper Austria is terminating the PV provide contracts of some 20,000 clients who have been beforehand assured at the very least 15.73 cents per kWh. Instead, they are going to be given a brand new tax primarily based on the reference market, introduced the managing administrators of Energie AG Oberösterreich Vertriebs GmbH, Klaus Dorninger and Alexander Marchner, on Tuesday. In April, these affected would obtain 3.12 cents per new contract.

More and extra corporations are providing versatile pricing, which is what EAG is now seeking to do, Marchner mentioned. The new foreign money known as “Team Sonne Loyal Float” and is predicated on the PV reference worth printed by E-Control each month within the earlier month. The low cost will likely be deducted from the mounted market worth, however this will likely be suspended till the tip of the 12 months. The worth is lowered, the minimal cost quantity is 2 cents per kWh – so long as you get electrical energy from EAG.

About 20,000 affected PV system homeowners will obtain written data within the coming days when their contract will likely be terminated on the finish of June, EAG introduced. These are clients who maintain a contract throughout the peak worth section in mid-2023. The termination is taken into account legally waterproof. There are additionally 6,000 to 7,000 clients with new contracts presently receiving 4.5 cents. Your contracts stay present. New contracts can solely be concluded on a float foundation.

The background is that PV methods have grown considerably since Russia invaded Ukraine because of the geopolitical scenario and excessive funding. Many have develop into more and more well-liked and – hopefully financially rewarding – usually ship greater than the networks can tolerate. For Robert Tichler of the Energy Institute on the Johannes Kepler University in Linz, the gold rush mentality is over, which he doesn’t see as unhealthy, as a result of he talks about “unjustly excessive incomes” when it comes to the continuation of subsidies. The PV growth additionally reveals that the methods will nonetheless repay shortly – possibly now inside 15 years as a substitute of 4, which is good for a lifetime of 25 years, however no extra “second house earnings”.

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