Press: ČEZ to cut electricity prices by at least 6 percent next year

The power giant ČEZ will charge households and firms at least 6 percent less for electricity in 2010, Mladá fronta Dnes reported. That would represent the biggest drop in 20 years. However, ČEZ could reduce prices by up to 13 percent, if wholesale energy prices continue to fall, the newspaper said. The company is set to launch an advertising campaign entitled ČEZ against the Crisis and For Helping the Czech Economy.

Author: Ian Willoughby