Pražská plynárenská: Czechs are gradually saving less gas after price caps

Czechs are gradually saving less gas. Energy price caps are playing a role. Martin Pacovský, chairman of the board of Pražská plynárenská, said this today on Twitter. He said that the main factor behind energy savings in the new year was above all the mild weather. innogy also confirmed the major impact of weather on savings, but has not yet seen a change in customer behaviour.

Gas consumption in Czechia fell by 20 percent year on year over the whole of last year. According to the Energy Regulatory Office, Czechs consumed 7.54 billion cubic metres of gas, the lowest amount in eight years. Adjusted for the long-term temperature norm, consumption was at its lowest since at least 2001, the office added. Experts say the reduction was due to customer savings as well as a warmer winter.

„In January and February, weather accounted for 90 percent of the change in gas consumption in Prague, with customer savings accounting for just ten percent. With price caps in place, customers are simply starting to save less. Price signals work better than awareness campaigns,“ Pacovský wrote today.