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CEZ to cut household power prices by 15 pct in 2010

Tue Nov 10, 2009 7:43am EST

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PRAGUE, Nov 10 (Reuters) - Czech power group CEZ (CEZPsp.PR) said on Tuesday it plans to cut baseload electricity prices for households in its core Czech market by 15.3 percent in 2010.

Utilities

The utility said declines in wholesale power prices over the past year have allowed it to reduce rates for its household tariff customers. (Reporting by Jason Hovet, Editing by Michael Kahn)



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