New Eurostat data indicates that Czech Republic continues to face high household electricity prices in the EU in 2025, even when adjusted for purchasing power standards (PPS). While prices are expected to decrease further in 2025, experts caution that the reductions may not match the scale seen in 2024, leaving prices still higher than pre-crisis levels.
As of early May 2025, some providers have already lowered tariffs. E.ON has reduced electricity prices by 18% for 700,000 customers without fixed-term contracts. ČEZ is offering a 15% discount on electricity and a 25% discount on gas for 1.7 million customers with open-ended contracts starting in January. Other suppliers, including Pražská plynárenská and Centropol, have also cut prices.
The Czech Republic also experienced a year-on-year increase in electricity costs. Eurostat attributes this to higher grid maintenance costs and the phase-out of tax breaks and subsidies previously granted to households. Despite recent price reductions, since 2015, energy prices in the country have risen significantly, although they remain lower than in neighboring Germany.
Regarding household gas prices, the Czech Republic ranks mid-range in the EU. The lowest household gas prices were found in Hungary, Croatia, and Romania.
The Czech energy market shows signs of continued improvement in 2025, with prices expected to decrease further. According to the regulatory authority and the Ministry of Industry, the average energy prices in the Czech Republic are projected to decline further this year, driven primarily by favorable market conditions.
Consumers are advised to consider locking in long-term contracts, as many expect potential price renewals between 2026 and 2027. Additionally, switching to another supplier could yield savings, as new customers often benefit from special offers.
The government has implemented some measures to alleviate the burden on final consumers. A cut in VAT on gas and electricity bills from 13.5% to 9% from 1 May 2022 has now been extended to October 2025.
The Czech Republic is one of the leading EU Member States with the application of optional reverse charge mechanism to many specific supplies of goods and services. The local reverse charge mechanism is, among others, applicable on certain conditions to the supply of construction services, game consoles, laptops and tablets, integrated circuits (microprocess and central processing units), supply of gas and electricity to a licensed trader.
Experts advise consumers to consider locking in long-term contracts, as many expect potential price renewals between 2026 and 2027. Additionally, switching to another supplier could yield savings, as new customers often benefit from special offers.
Despite recent price reductions, the Czech Republic continues to face significant energy price increases when viewed over the long term. Since 2015, energy prices in the country have risen significantly.