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Waterworks operators plan to raise prices on average between 11 to 12 percent nationwide on average to cover rising costs, though hikes may exceed 25 percent in some regions. Inflation, higher energy and operational costs, and β most notably β an increase in value-added tax for water from 10 to 12 percent underpin the increase in costs.
Infrastructure work undertaken last year has also driven up the prices of water bills, which will take effect from the beginning of January next year. Water companies, in cooperation with municipalities, set the price of water. This allows for variations across individual regions and cities. Praguers will need to wait until around Christmas to see how much their water bill will rise. Last year, residents were slapped with an What does this mean for personal finance?
Thankfully, not much damage will be done. Officials estimate the average family's water bill will rise by several tens of crowns monthly. A person living alone can therefore expect to pay no more than CZK 20 monthly for their water usage. All rights reserved. Share article Share this article. Photo via iStock by PeopleImages. Higher production costs. Price levels vary by region. Water-price levels in nationwide. Source: pravdaovode.
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