Household electricity prices will rise 14% in January 2001 (this is in line with a long-standing price re-balancing schedule), but there will likely be a new set of tariffs from which households can choose. According to a proposal by the ministries of finance and industry, the fixed monthly fees will more closely reflect the ready power capacity required by each household, effectively providing discounts for some households, and there will be minor changes in other tariffs. The new set of tariffs, which should be announced by end of September, should be effective as of January 2001. Without additional information it is not possible to quantify the impact of these changes on revenues from households, but we do not expect any major negative impact on CEZ’s sales. Households represent about one-third of power consumption in the country.
(Ondřej Daťka)