ČEZ Raises Electricity and Gas Prices for Unfixed Customers Starting Next Year

CEZ Raises Energy Prices for Unfixed Contracts Starting January

Energy supplier ČEZ Prodej announced plans to raise electricity and gas prices for 1,6 milionu customers on open-ended contracts without price fixations, starting from the beginning of next year. The increases follow escalating wholesale costs driven by ongoing geopolitical tensions in the Middle East. According to ČEZ spokesperson Ondřej Svoboda, wholesale electricity prices on the exchange have risen by roughly 75% since the beginning of the year, while wholesale gas prices have surged by 140%.

The price adjustments will apply to existing and new customers without commitments. The conflict in the Middle East has been going on for almost a year and the situation on the markets is unfortunately not calming down and does not look like it will calm down anytime soon, said ČEZ spokesperson Ondřej Svoboda.

Electricity and Gas Price Increases for Households

For electricity customers on the most common D02d distribution tariff without a fixation, ČEZ will raise the price of unfixed power to 4,190 crowns per megawatt-hour (MWh) including VAT, representing a price increase of about 3,5 percent, or approximately 330 crowns per MWh. Households using unfixed gas will face a price increase, bringing the rate to 1,740 crowns per MWh with VAT—an increase of roughly 180 crowns per MWh. For a typical family with an open-ended contract consuming three megawatt-hours annually, the adjustments will add about 1000 crowns to their yearly bill. Larger households utilizing gas for cooking, water heating, and domestic heating face additional annual costs exceeding 5,700 crowns.

Unfixed gas supply prices for households at ČEZ will reach 1,740 crowns per MWh with VAT starting at the beginning of the year, reflecting a gas price rise equivalent to roughly 180 CZK with VAT per MWh.

Market Pressures and Growing Demand for Price Fixation

The price adjustments reflect persistent volatility across European energy markets, which reacted sharply after the Middle Eastern conflict escalated. European wholesale natural gas benchmark prices recently touched 100 euros per MWh for the first time since December 2022. Amid these rising unfixed rates, ČEZ reports an influx of customers seeking stability through long-term contracts. Demand for two- and three-year fixations has increased significantly compared to volumes recorded prior to the crisis, as consumers look to insulate themselves against further market fluctuations.

Widespread Market Adjustments Across Competing Suppliers

ČEZ is not alone in adjusting its pricing structures. Competing suppliers including innogy, E.ON, Pražská energetika, MND, Pražská plynárenská, and Centropol have all raised prices on their fixed-rate products by hundreds of crowns per MWh over the course of the year, with several implementing multiple hikes. Regulatory data from the Energy Regulatory Office (ERÚ) shows that indicative price bands for new or renewing contracts rose by roughly 14% for electricity and 20% for gas in October. Industry analysts recommend that consumers review contract expiration dates and compare offers using official regulatory tools to secure better terms before automatic renewals take effect.

Additional Energy Price Trends and Supplier Offerings

The increases primarily affect expiring contracts. According to the Energy Regulatory Office (ERÚ), the base price of electricity alone for a standard D02d tariff with a one-year fixation should now range between 3,681 and 3,827 CZK per MWh excluding VAT. Price comparisons from Rixo.cz indicate that between early August and mid-April, gas prices for two-year fixations rose by 6 percent, while three-year fixations climbed by 11 percent.

Longer fixations offer lower baseline costs, with the lower bound for a three-year electricity fixation sitting at 3,084 CZK per MWh excluding VAT, which is roughly 600 CZK cheaper. Roman Šmíd, the sales director of epet, previously told CNN Prima NEWS that they had seen great interest, especially before the arrival of cold weather. noted Roman Šmíd, commercial director at epet. Simply put, with a longer fixation, the customer fixes a price that is based on the average of the expected market development in the coming years, explained Jiří Matoušek, a member of the board of directors at Centropol Energy.

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