ČEZ will increase electricity and gas prices from the new year

ČEZ will increase electricity and gas prices for 1.6 million customers starting next year due to market tensions. Electricity prices will rise by 3.5%, while gas prices will increase by 6.5%. The company attributes these hikes to ongoing market instability, particularly linked to the conflict in the Middle East. Other suppliers are also raising their prices, reflecting a broader trend in the energy market. Consumers are increasingly seeking stable suppliers and longer-term contracts amid rising costs.