Czech regulator's proposal: Regulated household electricity component to rise 71 pct year on year

Households will pay thousands of crowns more a year for the regulated component of energy prices next year. According to a proposal by the Energy Regulatory Office (ERÚ), the regulated component of household electricity prices will rise by 71 percent compared with this year, adding an average of about 1408 Kč per megawatt-hour (MWh), including VAT. The regulated component of electricity prices for large consumers will rise even more sharply. The increase in the regulated component of gas prices will be more moderate. This follows from the authority's proposal, published on its website. The authority will issue its final decision at the end of November. According to energy companies, an average household consumes around three MWh a year, so next year it will pay roughly 4200 Kč more for the regulated component of electricity prices.

While the increase for households is set to be 71 percent compared with this year, it will reach 113 percent at the high-voltage level and 206 percent at the very-high-voltage level.