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Best Energy Providers in Austria (2026)

Jules de Bruin
Jules de BruinLiving in Vienna

Updated: July 16 2026| Found helpful by 20 others

Rank by

Sorting changes the order of the provider cards below.

Our overall pick below is OMV, from 1. OMV.

1. OMV

Largest Energy Company
5.0

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

Price
No residential electricity tariff
Contract
Not available to households
Green energy
Oil, gas, and chemicals focus
Area served
Austria and Central Europe

Prices as of August 2026, verify on the provider site.

Pros

  • Austria's largest energy company by revenue
  • ATX-listed with strong capital base and transparency
  • 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

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

Visit OMV

2. EVN

4.7

Best regional utility in Lower Austria for combined electricity-and-gas with PV and heat pump financing.

Price
~10 ct/kWh net (Optima Garant)
Contract
Fixed, 12-month guarantee
Green energy
PV solutions offered
Area served
Lower Austria

Prices as of August 2026, verify on the provider site.

Pros

  • 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

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

Visit EVN

3. Energie Graz

Best for Graz
4.5

Default Graz utility bundling electricity, gas, and district heating with strong local Styrian renewable investment.

Price
~11.2 ct/kWh net (fixed)
Contract
Fixed-price tariff
Green energy
Local renewable generation
Area served
Graz and surroundings

Prices as of August 2026, verify on the provider site.

Pros

  • Default provider for most Graz households
  • Bundles electricity, gas, and district heating
  • Reliable customer service via local branches

Cons

  • Tariffs rarely top the E-Control rankings
  • German-only interface and documentation

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

Visit Energie Graz

4. VERBUND

Most Hydropower
4.3

Cheapest 100 percent UZ 46-certified Austrian hydropower available nationwide, often beats default regional utilities.

PriceBest
~9.5 ct/kWh net (Österreich-Tarif)
Contract
Fixed, 12-month guarantee
Green energy
100% hydropower (UZ 46)
Area servedBest
Nationwide

Prices as of August 2026, verify on the provider site.

Pros

  • Competitive pricing versus default regional utilities
  • Austria's largest electricity producer
  • Strong sustainability and transparency reporting

Cons

  • No gas offering, electricity only
  • Customer service predominantly in German

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

Visit VERBUND

5. Wien Energie

4.1

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

Price
~9.99 ct/kWh net (OPTIMA)
Contract
Fixed, 12-month guarantee
Green energy
100% renewable
Area served
Vienna, Lower Austria, Burgenland

Prices as of August 2026, verify on the provider site.

Pros

  • Default provider for most Vienna apartments, easy onboarding
  • Bundled electricity, gas, and district heating
  • Reliable customer service and good digital portal

Cons

  • Tariffs rarely the absolute cheapest on E-Control
  • Default tariff should be re-checked annually

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

Visit Wien Energie

6. Energie AG Oberösterreich

4.0

Leading utility in Upper Austria with competitive Ökostrom tariffs and bundled electricity-and-gas options.

Price
~10 ct/kWh net (Feel Good)
Contract
Fixed, 12-month guarantee
Green energy
Ökostrom tariffs available
Area served
Upper Austria

Prices as of August 2026, verify on the provider site.

Pros

  • Leading utility in Upper Austria
  • Solid digital customer portal
  • Bundled electricity and gas available

Cons

  • No dynamic tariff option
  • German-only interface and documents

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

Visit Energie AG

7. KELAG

3.8

Strongest hydropower profile from Carinthian rivers with popular heat pump and PV financing packages.

Price
~9.90 ct/kWh net (Bonus)
Contract
12-month intro price
Green energy
Carinthian hydropower
Area served
Carinthia and parts of Styria

Prices as of August 2026, verify on the provider site.

Pros

  • Electricity, gas, and district heat bundles
  • Reliable local customer service
  • Popular heat pump and PV financing packages

Cons

  • Less competitive on E-Control rankings nationally
  • Limited digital self-service features

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

Visit KELAG

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

Top 5 Electricity Tariffs in Austria at a Glance (2026)

Tariff (Provider)Price (ct/kWh)TypeBest for
OPTIMA Entspannt plus (Wien Energie)9,99 netto (Wien Energie, 2026)Fixed, 12-month Preisgarantie, 12-month BindungVienna default with price security
Strom Preisfix (Salzburg AG)9,9 netto (Durchblicker, 2026)Fixed, Preisgarantie to mid-2028, BindungLongest price lock
VERBUND Strom (VERBUND)from ~14,13 brutto (Selectra, 2026)Fixed, 12-month Preisgarantie100 percent Austrian hydropower, nationwide
HOURLY (aWATTar)EPEX spot +1,5, no Grundpreis (aWATTar, 2026)Dynamic (hourly), no BindungEV and heat-pump owners who shift load
Pullstrom (Pullstrom)Market-leading total cost (Durchblicker, 2026)Fixed discounter, no BindungCheapest flexible, no-lock switchers

Prices are energy work prices (Arbeitspreis) and exclude grid fees and the Grundpreis = base fee. Netto = ex-VAT, brutto = incl. 20 percent VAT. Verify your postcode and consumption on the E-Control Tarifkalkulator (E-Control, 2026).

The five most relevant Austrian household electricity tariffs in 2026 are Wien Energie OPTIMA Entspannt plus (9,99 ct/kWh netto, 12-month Preisgarantie = price guarantee), Salzburg AG Strom Preisfix (9,9 ct/kWh netto, locked to mid-2028), VERBUND Strom (100 percent hydropower, from ~14,13 ct/kWh brutto), the dynamic aWATTar HOURLY (EPEX spot +1,5 ct/kWh, no Bindung = no contract lock), and discounter Pullstrom (cheapest flexible tariff). Best all-round Vienna pick: Wien Energie OPTIMA Entspannt plus (Wien Energie, 2026; Durchblicker, 2026).

For the full breakdown see how to find the cheapest electricity tariff, the provider reviews above, and what Austrians pay per kWh. For deeper comparisons, read our electricity and gas guide, the provider comparison, and our price research.

Illustration of a banking app, a coin stack, and a rising chart, for managing money and saving in Austria.
Apps, savings, and growth: managing money in Austria.

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:

  • 1

    Find 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.

  • 2

    Compare tariffs on the E-Control calculator

    The E-Control Tarifkalkulator is the official regulator tool. Enter your postcode and kWh consumption to see all licensed suppliers ranked by total annual cost.

  • 3

    Sign 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.

  • 4

    Wait 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.

  • 5

    Re-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.

Illustration of a lightbulb, a plug, and a home meter, for choosing an electricity and gas provider in Austria.
Power, plug, and meter: energy in Austria.

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.
Illustration of a banking app, a coin stack, and a rising chart, for managing money and saving in Austria.
Apps, savings, and growth: managing money in Austria.

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: €550 to €750 for a 2-person household using 2,500 kWh per year.
  • Annual gas bill: €1,000 to €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 for a line-by-line breakdown of a Vienna bill.
Illustration of a lightbulb, a plug, and a home meter, for choosing an electricity and gas provider in Austria.
Power, plug, and meter: energy in Austria.

Entity References

Full factual profiles for each brand covered on this page: