Czech ČEZ to raise electricity prices from next year
Czech energy giant ČEZ has announced that it will be raising its electricity prices at the beginning of next year. The reason for the increase is the rise in the wholesale prices of electricity, company spokesman Roman Gazdík told the Czech News Agency on Wednesday.
The average price for one megawatt-hour of energy will nearly double, from CZK 1,700 to CZK 3,120 (EUR 122.40), excluding VAT (value added tax).
At the most common rates, customers can expect their costs to rise by a third.
This is lower than the megawatt-hour price partly due to the fact that regulated payments currently remain the same.
The increase does not apply to customers who have a contractually fixed price.
MOL Shareholders Approve Dividend of Around HUF 250/Share
Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...
Hungary's Largest ESG Consultancy Formed by Merger of EY, De...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
