ČEZ will raise prices next year. It will affect 1.6 million customers

ČEZ will increase energy prices for 1.6 million customers starting next year, raising electricity costs by 3.5% and gas by 6.5%. The price hikes are attributed to market tensions exacerbated by ongoing conflicts in the Middle East. The new rates will affect both existing and new customers without contracts. Wholesale electricity prices have surged by 75% and gas by 140% since the beginning of the year. Other suppliers are also raising their prices significantly, reflecting a broader trend in the energy market.