Note to consumer prices of energy - November 2022

 

From October 2022, the so-called Saving tariff was introduced for households purchasing electricity, and at the same time the fee for supported energy sources (POZE) was waived.

Saving tariff – subsidy for the payment of energy costs for household customers – was introduced by government decree (No. 262/2022 Coll. of August 24, 2022) for the months of October to December 2022. The amount of the contribution was determined by the distribution rate negotiated at the take-off points of household customers, where the contribution was taken into account. The total amount allocated to this "tariff" was published in the press release of the Ministry of Finance ("Implementation of the state budget of the Czech Republic for October 2022", dated November 1, 2022).

Fee for supported energy sources (POZE) – was waived from October 2022 to December 2023 Price Decision of the Energy Regulatory Office No. 8/2022 of September 2, 2022 was released for October to December 2022.

Without including the above-mentioned measures (Saving tariff and waiver of POZE) in the calculation, the aggregate consumer price index would have reached a value 119.8% year-on-year (instead of 116.2%), of which for electricity 164.3% (instead of 76,6%).

Detailed methodology explanation of the inclusion of Saving tariff and POZE waiver in the calculation of consumer price index was published together with News release for October 2022.