Analysis of the Liberalized Market with Electricity in the Czech Republic

This paper deals with market with the electricity in the Czech Republic after it has undergone a process of liberalization. The issue of the whole market is viewed from the perspective of households. The work focuses on the liberalization process and its legislative background. Furthermore, it gives a detailed view of individual participants in this market and examines how they impact on residential customers. After a detailed examination of the different components of electricity prices, is paper focused on a comparison of quotations of selected suppliers in the years 2006 - 2011. The work also highlights other aspects that are important when selecting suitable supplier of electricity to retail customers. The paper thus gives a comprehensive view of the liberalized electricity market in the Czech Republic, provides instructions on how to orientate on the market and how to choose the right supplier of electricity to your household