Monthly Electricity Fixed-Price Spikes Hit Customers in Czechia

Customers using monthly electricity fixed-price products in Czechia face higher costs as wholesale market volatility pushes rates up, according to Seznam Zprávy.

While these contracts offered savings during earlier months, November prices have climbed above 6,000 CZK per megawatt-hour without VAT, leaving households paying thousands of crowns more than those on multi-year fixed or standard open-ended contracts.

Monthly Fixation Rates Exceed 6,000 CZK per MWh

  • Monthly fixation rates for November exceed 6,000 CZK per MWh without VAT, surpassing standard multi-year contracts.
  • Suppliers such as Centropol and Pražská plynárenská report customer departures and shifts toward shorter or traditional fixed-rate agreements.

Wholesale Market Dynamics Drive Up November Rates

The pricing mechanism for monthly products relies on purchasing energy in advance for the upcoming delivery month. Seznam Zprávy reported that October purchases for November delivery reflected severe wholesale market swings, placing the cost above 6,000 CZK per MWh of power.

“Elektřinu pro zákazníky na měsíčním produktu nakupujeme s předstihem pro každý měsíc dodávky. Do listopadové ceny se tedy nepromítá situace na trhu v listopadu, ale ceny, za které jsme elektřinu pro tento měsíc zajišťovali už dříve, a to přesně podle produktových pravidel,” explained Jiří Matoušek, marketing director at Centropol.

Monthly Electricity Fixed-Price Spikes Hit Customers in Czechia
Photo: iDNES.cz

Earlier in the year, the financial picture looked entirely different. January and February prices hovered above 4,000 CZK, dropped by half as wholesale markets shifted, and then remained above 3,000 CZK between March and August before accelerating upward.

Comparative Pricing Across Major Suppliers

Month (2026) Pražská plynárenská (CZK/MWh incl. VAT) Centropol (CZK/MWh incl. VAT)
January 4 315,83 4 522,04 Kč
June 3 401,76 3 611,02 Kč
September 4 487,18 4 493,20 Kč
November 6 391,52 6 558,89 Kč
December 6 626,03 Not Listed

Zákazníci Přecházejí Od Měsíčních Fixací K Krátkodobým Závazkům

Miroslav Vránek, spokesperson for Pražská plynárenská, told Seznam Zprávy that the company has registered an outflow of customers from this product category since January.

Elektrina od ledna prudce zdrazuje zakazniky s koncici fixaci ceka neprijemne prekvapeni base
Photo: Tiscali.cz

Similar shifts are reported by other market participants. “Pozorujeme přesun části zákazníků od produktů s měsíční fixací ke krátkodobým fixacím,” said Jakub Odložilík, director of Tedom energie, pointing out to Seznam Zprávy that customers are seeking shelter in one-year commitments.

“Ti, kteří byli na měsíčních fixacích nebo na spotu, teď krvácí. Ceny už jsou nyní na úrovni, kde byly v roce 2023 zastropované, tedy na 5000 Kč bez DPH, dosahují nejhorší možné úrovně,” Gavor told Seznam Zprávy.

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Daniel Foster - Senior Editor, Economy

Senior Editor, Economy An award-winning financial journalist and analyst, Daniel brings sharp insight to economic trends, markets, and policy shifts. He is recognized for breaking complex topics into clear, actionable reports for readers and investors alike.

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