At present, VERBUND-Austrian Power Sales GmbH is informing its meanwhile 47,000 customers across Austria about the lift in energy prices. Haider is confident that "once the exact increases of the competitors are established, we will notice once again that the savings potential is huge."
VERBUND-Austrian Power Sales GmbH is a fully owned subsidiary of Österreichische Elektrizitätswirtschafts AG that started direct electricity sales on July 1, 2005. Besides household and trade customers, VERBUND-Austrian Power Sales GmbH has also been supplying hydropower from its own production to Austria's industry since the beginning of the year. Besides the two production companies VERBUND-Austrian Hydro Power and VERBUND-Austrian Thermal Power and the trading subsidiary VERBUND-Austrian Power Trading AG, the newly founded sales company is the third pillar of the VERBUND group's electricity business.