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Reuters
Reuters
Business

Czech energy price caps to cost up to $8.8 billion

FILE PHOTO: A view of the Czech nuclear power plant station Temelin near the South Bohemian city of Tyn nad Vltavou March 14, 2011. REUTERS/Petr Josek/File Photo

The Czech state's energy price caps will cost a maximum of 200 billion crowns ($8.79 billion) next year, although the final bill is likely to be smaller, the Industry Ministry said in material prepared for the next government meeting.

The government has previously said the expected cost of price ceilings for households and businesses would be around 170 billion crowns.

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