All other energy sources were also more expensive. at Strom According to the Energy Agency, households are affected differently by the price increases, and the relief measures have a strong cushioning effect.
Compared to January, household energy prices rose by 6.6 percent, according to the Energy Price Index (EPI) calculated by the Energy Agency. The inflation rate in February was 5.9 percent compared to the same month last year, and 1.3 percent month-on-month. “The energy prices thus remain the main price driver,” according to the press release, Energy Agency Managing Director Franz Angerer.
Energy is a key input factor in production and services. “If energy becomes more expensive, the prices for important goods also rise as a result – this effect is now gradually reaching Austrian households. According to the energy agency, people who depend on a car with a combustion engine or who live in poorly insulated houses and apartments with inefficient heating systems are particularly affected by the high prices.
The strongest price increase was in February for gas with an increase of 65.3 percent compared to February last year. Compared to January 2022, natural gas cost 20.9 percent more.
Diesel was 30.7 percent more expensive in February than a year earlier and 3.7 percent more than in January. The price of premium gasoline was 27.7 percent higher year-on-year and 3.6 percent higher month-on-month. A 50-liter tank of diesel costs around 17 euros more than in February 2021, with premium petrol the additional costs were around 16 euros.
The prices for heating oil rose by 48.9 percent year-on-year. A typical tank filling of 3,000 liters costs almost 1,000 euros more than in February of the previous year. Compared to January 2022, heating oil prices rose by 9.7 percent.