ČEZ cuts fixed energy prices by up to tens of percent year-on-year

The biggest Czech energy company ČEZ has lowered fixed energy prices for new customers from today, with gas prices falling year on year by up to 40 percent and some fixed electricity tariffs by around ten percent. The biggest drop applies to three-year fixed gas contracts, now priced at CZK 1,060 per MWh including VAT. According to ČEZ, demand for fixed tariffs remains strong, especially for gas. Other suppliers are also cutting prices. E.ON has introduced a fully digital tariff, while innogy and Pražská energetika have announced further reductions in recent months.