E.ON attracts new clients with cheaper fixed tariffs and gas bonuses of up to 7,500 crowns

Energy company E.ON has reduced the prices of long-term energy tariffs for new customers. Compared with its previous price lists, E.ON has cut the price of electricity and gas with fixed rates by several hundred crowns per megawatt-hour (MWh) consumed. The new tariffs are intended for new household and business customers. E.ON reported this to the Czech News Agency (ČTK) today. In recent months, suppliers including E.ON had instead been raising energy prices as a result of the Middle East crisis.

"The situation on energy markets can change very quickly. That is why we purchase energy responsibly and well in advance. This has enabled us to reduce our price lists for new customers, even though the current market trend is moving in the opposite direction. Compared with previous offers, customers will pay hundreds of crowns less for each megawatt-hour supplied. Households can therefore enter the heating season with greater certainty and without concerns about potential price fluctuations," said the head of household energy sales at E.

ON Energie, Peter Škrabák.

The most attractive new offer for households is the Online Tariff with a three-year fixed rate. Under this tariff, E.ON offers electricity from 2854 CZK per MWh including VAT and gas from 1157 CZK per MWh including VAT. The offer also includes bonuses of up to 4500 crowns for electricity and up to 7500 crowns for gas. According to the company, annual savings compared with current prices can amount to thousands of crowns.

In addition to conventional fixed-price products, E.ON is now also offering a product with a declining price. Under this tariff, customers should pay less for energy supplies each year than in the previous year. The new price lists have been available since mid-August.

Energy prices from suppliers have instead risen in recent weeks and months, due to higher wholesale energy prices following the escalation of the conflict in the Middle East. Since March, for example, innogy has increased the prices in its fixed-rate energy price lists, while Pražská plynárenská, MND and E.ON itself later also raised their fixed-rate prices. Pražská energetika has also increased the prices of fixed-price products since May. From the end of August, ČEZ will also raise the prices of some of its fixed electricity and gas price lists. In most cases, energy prices increased by lower hundreds of crowns per MWh.

Prices of European benchmark gas contracts rose by tens of percent after the start of the war in the Middle East. The conflict began on the last day of February with a US-Israeli attack on Iran. Gas also acts as the so-called marginal source in electricity generation in Europe. As gas prices rose, electricity prices on the market also gradually increased. Despite the current easing of the situation in the Middle East, energy prices on the market remain higher than before the conflict.