Zastropování cen energií pro velké podniky - upřesnění podmínek

Capping of energy prices for large enterprises - specification of conditions

On 25 January 2023, the Government of the Czech Republic approved the third amendment to Regulation No. 298/2022 Coll., on the determination of electricity and gas prices in an exceptional market situation. This amendment brings the expected definition of the conditions under which large enterprises can take electricity and gas at capped prices. Below is a summary of the legislation:

• the maximum permissible financial benefit that a large enterprise will be able to obtain by taking energy at capped prices is set up;
• different intensities of support in the form of energy consumption at set prices for large enterprises who are energy-intensive customers or energy-intensive customers operating in selected sectors are set up;
• the intensity of the aid varies also with regard to the amount of eligible costs covered and the EBITDA reduction rate compared to 2021;
• if the large enterprise is part of a group of persons (i.e. if there are control relations between the persons), the amount of support in the form of energy consumption at set prices is limited both to the level of the large enterprise and to the level of the group (however, the limits apply only to electricity and gas consumption within the Czech Republic);
• a partial evaluation of the financial benefit obtained will be carried out each time after the end of a calendar quarter and a final evaluation after the end of 2023;
• the conditions set out will only apply if the large enterprise's point of consumption is connected to the distribution system at the high or very high voltage level or, in the case of the gas sector, is classified as a medium or large customer.

Please note that a large enterprise may apply for the supply of electricity or gas at a capped price as from the beginning of January 2023 within the extended deadline of 3 February 2023.

If you have any questions, please contact the authors of this article or members of the EY team with whom you work.

Authors:

Jana Ulrichová

Gabriela Dias

Ladislava Zamazalová