# Best Energy Providers in Austria (2026)

> Compare the best energy providers in Austria in 2026. Top 7 providers including VERBUND, Wien Energie, EVN, and aWATTar. Learn how to switch supplier, typical electricity and gas prices, and what Ökostrom means.

Updated: May 19 2026 · By Jules de Bruin · URL: https://www.how-to-austria.com/energy/providers

Updated May 19 2026. **OMV** is Austria's largest integrated energy company, an ATX-listed oil, gas, and chemicals group supplying customers and industry across the country. **EVN** dominates Lower Austria for electricity and gas, while **Energie Graz** is the Graz municipal utility. **VERBUND** is Austria's largest electricity generator, running on **100 percent hydropower**. Switching supplier takes around **3 weeks** and typically saves **EUR 200 to EUR 500 per year**. Compare tariffs for free on the [E-Control Tarifkalkulator](https://www.e-control.at).

## Top 7 Best Energy Providers in Austria

Based on market share, price competitiveness, green-energy credentials, and customer service, these are the leading Austrian energy providers in 2026.

Largest Energy Company

### 1. OMV

5.0Austria's largest energy company and one of the biggest integrated oil, gas, and chemicals groups in Central Europe. OMV is listed on the Vienna Stock Exchange (ATX) and covers exploration and production, refining, marketing, and petrochemicals, supplying both industry and retail fuel customers.

Why we recommend it: Austria's largest energy company by revenue with ATX listing, integrated oil-gas-chemicals footprint, and extensive retail fuel network.

Best for: Customers and partners looking for Austria's largest integrated oil, gas, and chemicals group

Pros

- +Austria's largest energy company by revenue
- +ATX-listed with strong capital base and transparency
- +Integrated oil, gas, and petrochemicals footprint
- +Extensive Austrian retail fuel and service station network

Cons

- −Not a residential electricity supplier, so not on E-Control
- −Household relevance is mainly fuel and natural gas
- −Corporate scope can feel distant for retail consumers

[Visit OMV](https://www.omv.com)

### 2. EVN

4.7The main utility of Lower Austria, serving around 800,000 electricity and gas customers. EVN is a reliable regional provider with a strong product range covering power, gas, district heating, and PV solutions.

Why we recommend it: Best regional utility in Lower Austria for combined electricity-and-gas with PV and heat pump financing.

Best for: Lower Austrian residents who want a regional utility with electricity and gas bundled

Pros

- +Leading utility in Lower Austria
- +Electricity and gas from one provider
- +Good PV and heat pump financing options
- +Solid solvency and long local presence

Cons

- −Regional focus, limited outside Lower Austria
- −German-only customer service
- −Pricing typically mid-pack on E-Control

[Visit EVN](https://www.evn.at)Best for Graz

### 3. Energie Graz

4.5The municipal utility of Graz, Austria's second-largest city. Energie Graz supplies electricity, gas, and district heating to Styrian households, with a strong focus on renewable generation and local infrastructure investment.

Why we recommend it: Default Graz utility bundling electricity, gas, and district heating with strong local Styrian renewable investment.

Best for: Graz residents who want a city-owned utility with strong local presence and green tariffs

Pros

- +Default provider for most Graz households
- +Bundles electricity, gas, and district heating
- +Local investment in Styrian renewable generation
- +Reliable customer service via local branches

Cons

- −Coverage focused on Graz and immediate surroundings
- −Tariffs rarely top the E-Control rankings
- −German-only interface and documentation

[Visit Energie Graz](https://www.energie-graz.at)Most Hydropower

### 4. VERBUND

4.3Austria's largest electricity producer and a European hydropower leader. VERBUND supplies 100 percent Austrian hydropower to residential customers nationwide, with transparent pricing and industry-leading sustainability credentials.

Why we recommend it: Cheapest 100 percent UZ 46-certified Austrian hydropower available nationwide, often beats default regional utilities.

Best for: Customers who want 100 percent Austrian hydropower at a competitive price, available nationwide

Pros

- +100 percent Austrian hydropower, nationwide availability
- +Competitive pricing versus default regional utilities
- +Strong sustainability and transparency reporting
- +UZ 46 eco-label certified Ökostrom

Cons

- −No gas offering, electricity only
- −Customer service predominantly in German
- −Fewer loyalty extras than municipal utilities

[Visit VERBUND](https://www.verbund.com)

### 5. Wien Energie

4.1The municipal utility of Vienna, serving around 2 million customers with electricity, gas, and district heating. Wien Energie is the default provider for many Vienna apartments and invests heavily in solar, wind, and combined heat and power.

Why we recommend it: Default Vienna utility for instant supply on move-in, bundling electricity, gas, and district heating with strong solar and wind investment.

Best for: Vienna residents who want one local provider for electricity, gas, and district heating

Pros

- +Default provider for most Vienna apartments, easy onboarding
- +Bundled electricity, gas, and district heating
- +Strong investment in Vienna solar and wind
- +Reliable customer service and good digital portal

Cons

- −Tariffs rarely the absolute cheapest on E-Control
- −Offerings mostly limited to Vienna area
- −Default tariff should be re-checked annually

[Visit Wien Energie](https://www.wienenergie.at)

### 6. Energie AG Oberösterreich

4.0Upper Austria's main regional utility, serving around 580,000 customers with electricity, gas, and waste services. A strong local brand with a solid digital portal and competitive Ökostrom tariffs.

Why we recommend it: Leading utility in Upper Austria with competitive Ökostrom tariffs and bundled electricity-and-gas options.

Best for: Upper Austrian households who want a regional utility with strong local presence

Pros

- +Leading utility in Upper Austria
- +Competitive Ökostrom tariffs
- +Solid digital customer portal
- +Bundled electricity and gas available

Cons

- −Primarily serves Upper Austria
- −No dynamic tariff option
- −German-only interface and documents

[Visit Energie AG](https://www.energieag.at)

### 7. KELAG

3.8Carinthia's regional utility, serving Carinthia and parts of Styria with electricity, gas, and heat. KELAG is known for strong green-energy credentials, thanks to Carinthia's abundant hydropower, and a solid customer experience.

Why we recommend it: Strongest hydropower profile from Carinthian rivers with popular heat pump and PV financing packages.

Best for: Carinthian and East Styrian residents who want a regional utility with strong green credentials

Pros

- +Strong hydropower profile from Carinthian rivers
- +Electricity, gas, and district heat bundles
- +Reliable local customer service
- +Popular heat pump and PV financing packages

Cons

- −Regional, primarily Carinthia and east Styria
- −Less competitive on E-Control rankings nationally
- −Limited digital self-service features

[Visit KELAG](https://www.kelag.at)

## How Do You Switch Energy Provider in Austria?

The Austrian electricity and gas markets are fully liberalised, and switching is protected by law. Here is how to do it:

- 1Find your annual consumption in kWh

Check your most recent annual bill (Jahresabrechnung) from your current supplier. Typical values: a Vienna 1-person apartment uses around 1,500 kWh per year of electricity, a 2-person household 2,500 kWh, and a family of 4 around 4,500 kWh.

- 2Compare tariffs on the E-Control calculator

The [E-Control Tarifkalkulator](https://www.e-control.at) is the official regulator tool. Enter your postcode and kWh consumption to see all licensed suppliers ranked by total annual cost.

- 3Sign up online with the new supplier

Sign-up takes around 10 minutes online. You will need your meter number (Zählernummer) and the customer number from your current supplier. The new provider handles the cancellation of your old contract automatically.

- 4Wait around 3 weeks for activation

The switch is processed in the background by the grid operator. There is no service interruption. You will receive a confirmation letter and a final bill from your old supplier.

- 5Re-compare every 12 months

Most competitive tariffs include a 12-month price guarantee (Preisgarantie). When it expires, premiums often rise sharply, so set a calendar reminder to re-compare and switch again if needed.

## What Is the Cheapest Electricity Provider in Austria?

The cheapest provider depends on your postcode and consumption. As of April 2026, the consistently low-cost players are:

- **aWATTar**: Dynamic hourly tariffs linked to the EPEX spot price. Cheapest if you can shift consumption (EV charging, laundry) to off-peak night and midday hours.
- **VERBUND**: Very competitive for 100 percent Austrian hydropower, usually within 5 percent of the cheapest fixed tariff.
- **Spotty and MaxEnergy**: Online-only challengers with aggressive promotional pricing for new customers.
- **Regional utilities**: Your local utility (Wien Energie, EVN, Energie AG, KELAG) is rarely the absolute cheapest, but often within striking distance when you account for loyalty discounts.

#### Dynamic tariffs reward flexibility

If you have an EV, heat pump, or PV battery, a dynamic tariff like aWATTar HOURLY can cut your electricity bill by 20 to 40 percent versus a fixed tariff. If you have no flexibility, stick with a fixed-price Ökostrom contract.

## How Much Do Austrians Pay for Electricity and Gas?

As of April 2026, typical Austrian household energy prices are:

- **Electricity (all-in)**: Around 22 to 28 cents per kWh including grid fees, taxes, and the Stromkostenbremse subsidy for basic consumption.
- **Gas (all-in)**: Around 8 to 12 cents per kWh including grid fees and taxes.
- **Annual electricity bill**: EUR 550 to EUR 750 for a 2-person household using 2,500 kWh per year.
- **Annual gas bill**: EUR 1,000 to EUR 1,800 for a typical gas-heated apartment using 12,000 kWh per year.
- **Grid fees**: Around 30 to 40 percent of the electricity bill, set by E-Control per region. You cannot change grid operator, only the supplier.

### What drives your bill

- **Consumption**: Heating type matters most. Gas or electric heating can push bills 3 to 5 times higher than for an apartment with district heating.
- **Tariff structure**: Fixed vs. dynamic (hourly) pricing. Fixed provides certainty, dynamic rewards flexibility.
- **Federal state**: Grid fees vary by region. Burgenland and Lower Austria are among the cheapest, Vorarlberg and Tyrol among the more expensive.
- **Taxes and levies**: Electricity tax, renewables surcharge, and VAT of 20 percent. See our [electricity and gas guide](/energy/electricity-gas) for a line-by-line breakdown of a Vienna bill.

## Entity References

Full factual profiles for each brand covered on this page:

- [Wien EnergieAustrian Energy](/facts/wien-energie)
- [VERBUNDAustrian Energy](/facts/verbund)
- [EVNAustrian Energy](/facts/evn)
- [KELAGAustrian Energy](/facts/kelag)
- [OMVAustrian Energy](/facts/omv)
- [Energie GrazAustrian Energy](/facts/energie-graz)
- [Energie AG OberösterreichAustrian Energy](/facts/energie-ag-oberoesterreich)

## Official Sources

- [E-Control: Austrian Energy Regulator](https://www.e-control.at)
- [BMK: Federal Ministry for Climate Action and Energy](https://www.bmk.gv.at)
- [Österreichisches Umweltzeichen: UZ 46 Green Electricity Certification](https://www.umweltzeichen.at)
- [BMF: Stromkostenbremse Household Energy Subsidy](https://www.bmf.gv.at)

## Related Guides

[### Electricity and Gas in Austria How the Austrian energy market works and what a bill looks like](/energy/electricity-gas)[### Cost of Living in Austria Where utilities fit in a typical Austrian household budget](/living/cost-of-living)[### Housing in Austria How rental contracts handle utilities, heating, and operating costs](/living/housing)[### Internet in Austria Bundle fibre and energy with municipal utilities like Linz AG](/communication/internet)

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Last updated: Updated: May 19 2026
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