|Policy Status||In force|
|Date Effective||1 August 2005|
|Agency||•Ministry of Industry and Trade|
•Multiple Renewable Energy Sources
|Description||The Czech government promotes renewably-produced electricity through purchase guarantees or by paying a bonus on market prices to power distributors. Each year, the Energy Regulatory Office determines these tariffs. The purchase price guarantees return on investments within 15 years if the fixed technical and economical indicators are met. The producer can choose either the fixed purchase price or the bonus at his discretion. The bonus promotion also covers joint combustion of renewable and non-renewable energy sources and to power generation for the producer´s own consumption.
Final electricity consumers cover the added costs of renewable energy promotion.
|Legal References||Act No. 180/2005|