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Energy Costs and Supplier Savings Tips: How to Save Thousands

E.ON, for example, has a new offer of annual fixation for those who switch to it for 7.54 CZK per kilowatt-hour, while existing clients can fix for two years at a price 50 cents higher. With an average annual consumption of 3,000 kWh, this means a difference of 1,500 crowns. Also at MND, new customers with the Jaro 26 tariff will save on gas consumption.

“Now the situation is even more favorable than at the end of last year, when electricity prices fell below one hundred euros per megawatt hour. Now it’s less than eighty euros,” ENA analyst Jiří Gavor told Práv.

“This is reflected in relatively low demand from European economies. What’s bad for the economy is great for customers, so big and small suppliers are improving their offers,” he added.

Changing the supplier can save tens of thousands on energy costs

Do not fix for a long time

Experts expect a further drop in prices and now advise rather not to enter into longer fixations or to avoid them altogether. Capitalinked analyst Radim Dohnal also believes that low energy prices are likely to remain. A risk for their growth would be a worsened geopolitical situation.

“The annual fixation, especially for large companies, contains too high a margin. Currently, I recommend not to fix and to be on continuous prices. If someone wants to fix the price, let them do it for a maximum of one year,” he told Právu.

Also, according to Gavor, long-term fixation makes it impossible for customers to profit from current developments. “In the first half of the year, I still expect to improve the offers for new customers. I wouldn’t commit to three years and put it off for later. If the offer is good, it is advisable to commit to a year. Or there are also short-term monthly fixations,” he declared.

He would recommend long-term fixation only in the second half of the year. “The fall in prices will not continue indefinitely. In the second half of the year, the drop in prices will fully reflect wholesale prices. In that period, I wouldn’t even be afraid of long-term fixation, which is a very good tool at a time when market prices are moving around the minimum,” added Gavor.

An energy supplier received a record fine for unfair practices

Savings in the tens of thousands

For small electricity consumption of around a thousand kilowatt-hours, the annual payments at the normal distribution rate are now between 9 and 11 thousand crowns. Compared to the prices from the end of the year, it is about three hundred less.

For normal, triple consumption, 26 to 30 thousand crowns are now paid per year, while in December payments often started at the annual amount of 28 thousand CZK.

Gas prices also fell, but fixed monthly payments rose significantly, even by more than a hundred crowns a month.

A household that cooks with gas and has an annual consumption of eighty cubic meters will pay 3,613 crowns per year with MND, but with some suppliers it can be over 5,000 CZK.

People who additionally heat water with gas and have an annual consumption of 1,800 cubic meters will pay from 39 to 58 thousand CZK per year at current prices. Pražská plynárenská is the most advantageous from the compared tariffs.

And families in a house that, in addition to cooking and heating water, also use gas for heating and use three thousand cubic meters per year, will pay from 62 to 94 thousand crowns. Here, by choosing a supplier, you can save tens of thousands a year.

Monthly energy fixing will save you thousands of crowns

A kilo of pellets under eight crowns

Even cheaper than heating with electricity or gas, you can use wood pellets, and even cheaper with firewood or coal alone.

According to the Czech Pellet Cluster, prices will remain at the level of seven to eight crowns per kilogram. At the same time, pellets cost twice as much in January of last year. They will be cheaper until spring, when they are traditionally the cheapest, because the heating season is ending.

It is therefore recommended to buy in April or May, when they are up to a fifth cheaper than in autumn.

The prices before the Russian invasion of Ukraine, when a kilogram of pellets was around six crowns per kilogram, will probably not return due to inflation and an increase in VAT. The tax on wood and wood fuel has increased from 15 to 21 percent since this year.

The main difference between a wood boiler and a pellet boiler is the difficulty of operation. Pellet boilers are without work, small pressed rollers are transported to the boiler automatically. The boiler turns itself on, closes itself and cleans itself.

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HOW MUCH WILL PAYMENTS FOR ELECTRICITY COST consumption 1000 kWh, D02d, 1x20AkWh Price for electricity Total per year including other payments MND Jaro 26 Online CZK 7.46 CZK 7,460 CZK 9,233 Tedom Guarantee for the month (February) CZK 7.13 CZK 7,130 CZK 9,902 Centropol Fixed online to begin with for 1 year7, CZK 38 CZK 7,380 CZK 9,948 E.ON Variant PRO CZK 127.54 CZK 7,540 CZK 10,168 PRE Current Fix until 31/12/20257.93 CZK CZK 7,930 CZK 10,702 PRE Current Basic CZK 8.10 CZK 8,100 CZK 10,872 ČEZ Electricity without obligation from January 2024 CZK 8,120 CZK 11,168 ČEZ Electricity for 1 year on sale CZK 8.16 CZK 8 160 CZK 11 208 innogy Standard CZK 8.44 CZK 8 440 CZK 11 332 Consumption 2000 kWh, D02d, 1x25AkWh Electricity price Total per year including other payments MND Jaro 26 Online CZK 7.46 CZK 14 920 CZK 16 696 Tedom Sure the one for the month ( December)7.13 CZK14 260 CZK17 032 CZKCentropol Fixed online for the beginning for 1 year7.38 CZK14 760 CZK17 256 CZKE.ON Variant PRO 127.54 CZK15 080 CZK17 708 CZKPRE Current Fixed until 31/12/20257.93 CZK15 860 CZK18 632 CZKPRE Current Basic8.10 CZK16,200 CZK18,972 CZK Electricity without obligation from January 20248.12 CZK16,240 CZK19,288 CZK Electricity for 1 year in a special offer8.16 CZK16,320 CZK19,368 CZKinnogy Standard8.44 CZK16,880 CZK19,772 Consumption 3000 kWh, D02d, 3 x25AkWh Price for electricity Total annually and with other payments MND Jaro 26 Online CZK 7.46 CZK 22,380 CZK 25,944 Tedom Guarantee for the month (December) CZK 7.13 CZK 21,390 CZK 25,950 Centropol Fixed online for the beginning for 1 year CZK 7.38 CZK 22,140 CZK 26,496 E.ON Variant PRO CZK 127.54 CZK 22 CZK 620 CZK 27,036 PRE Current Fix until 31/12/20257.93 CZK 23,790 CZK 28,350 PRE Current Basic CZK 8.10 CZK 24,300 CZK 28,860 ČEZ Electricity without obligation from January 20248.12 CZK 24 360 CZK 29,196 ČEZ Electricity for 1 year in a special offer 8.16 CZK 24 4 80 CZK29 CZK 316 innogy Standard CZK 8.44 CZK 25,320 CZK 30,000 HOW MUCH WILL PAYMENTS FOR GAS COST Gas cooks (consumption 80 cubic meters) Price per kWh Total per year MND Spring 26 Online CZK 2.49 CZK 3,614 Pražská plynárenská Standard CZK 2.21 CZK 3,989 MND Gas first hand Summer CZK 252.73 CZK 4,416 CZKinnogy Standard3.39 CZK4 613 CZKCentropol Fixed online for the beginning for 1.5 years2.67 CZK4 617 CZKE.ON Gas Variant PRO 122.95 CZK4 662 CZKCentropol Fixed online for the beginning for 1 year3.07 CZK4 715 CZKCentropol Without obligation3.45 CZK4 748 CZKČEZ for an indefinite period CZK2.96 CZK5,198ČEZ Gas for 1 year in action CZK3.03 CZK5,257 innogy Start CZK122.78 CZK5,274 It cooks and heats water with gas (consumption 1800 cubic meters) Price per kWh Total per year Pražská plynárenská Standard CZK1.85 CZK38,900MND Jaro 26 Online2 .05 CZK 42 422 CZKCentropol Fixed online for the beginning for 1.5 years 2.00 CZK 42 456 CZKMND First-hand gas Summer 252.29 CZK 48 179 CZKE.ON Gas Variant PRO 122.29 CZK 48 191 CZK innogy Start 122.30 CZK 48 381 CZKCentropol Fixed online for the beginning for 1 year CZK 2.40 CZK 50,052 ČEZ for an indefinite period CZK 2.53 CZK 52,713 ČEZ Gas for 1 year on sale CZK 2.60 CZK 54,042 Centropol Without obligation CZK 2.78 CZK 57,196 cubic meters) Price per kWh Total per year Pražská plynárenská Standard CZK 1.80 CZK 61,926 Centropol Fixed online for the beginning for 1.5 years CZK 1.94 CZK 67,329 MND Jaro 26 Online CZK 1.99 CZK 67,928 E.ON Gas Variant PRO CZK 122.23 CZK 76,724 innogy Start 122.24 CZK 77,040 MND First-hand gas Summer 252.24 CZK 77,040 CZK Centropol Fixed online for 1 year starting CZK 2.34 CZK 79,989 ČEZ for an indefinite period 2.47 CZK 84 296 CZK ČEZ Gas for 1 year on sale CZK 2.54 CZK 86 511 Centropol Without obligation CZK 2.72 CZK 91 CZK 944 innogy Standard CZK 2.78 CZK 93,831

The Czech Republic paid dearly by falling into recession

2024-02-04 04:50:00
#Energy #cheaper #offers #News

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