Significant decrease in the price of wood pellets. Heating oil and natural gas remain significantly more expensive: Pellets make big savings for households
There has never been such high funding before. The Climate Protection Ministry is making it clear how important switching to wood pellets is as a measure against the climate crisis. Switching to the domestic fuel wood pellets now pays off twice as much; every household saves enormously and does something good for our climate
Christian Rakos, Managing Director of the Austrian Pellet Association
Vienna (OTS) – Wood pellets currently cost an average of 35.63 cents per kilogram in Austria. This makes them 5.6 percent cheaper than in the previous month and 34.6 percent cheaper than in December of the previous year. Extra-light heating oil and natural gas prove to be significantly more expensive. Natural gas currently costs over 140 percent more, extra light heating oil over 64 percent more.
In Austria, the current figures show a positive development for consumers: the average price for wood pellets is 35.63 cents per kilogram, which means a significant price decrease of 5.6 percent compared to the previous month. Compared to December last year, prices have fallen by 34.6 percent. In contrast, heating with fossil fuels remains very expensive.
Heating with extra-light heating oil and natural gas is expensive
Extra-light heating oil is currently 64.72 percent more expensive than pellets, while natural gas costs 141.89 percent more. For a household that uses 3,000 liters of heating oil per year, the use of pellets would currently save around 1,385 euros per heating season. Compared to natural gas heating, which consumes around 30,000 kWh, pellets would enable savings of over 3,000 euros per heating season.
Historic increase in funding
The federal government is sending a strong signal for the energy transition: it has more than doubled the funding for switching to renewable heating systems. With up to 18,000 euros, the new federal funding now covers an average of 75 percent of the costs of switching from oil or gas to pellet heating. In combination with state funding, funding amounts of up to 27,900 euros can be achieved. Christian Rakos, Managing Director of the Austrian Pellet Association, emphasizes: “There has never been such high funding before. The Climate Protection Ministry is making it clear how important switching to wood pellets is as a measure against the climate crisis. Switching to the domestic fuel wood pellets now pays off twice as much; every household saves enormously and does something good for our climate
.“
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Photo DI Dr. Christian Rakos, Managing Director of proPellets Austria © proPelletsAustria
Graphics/further details: https://www.propellets.at/aktuelle-pelletpreise
About proPellets Austria
The vision and goal of proPellets is the energy transition in heating. Pellets are intended to make a significant contribution to replacing fossil energy with renewable energy in Austria. proPellets connects and represents the Austrian pellet industry and serves as an interface and information platform for politics, media as well as companies and customers who want to switch to renewable energy for heating.
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Hans Peter Triebnig
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