No new increase in electricity prices on August 1

The bill for some 22 million households and businesses with regulated electricity tariffs is said to have increased by around 1%.

An increase of around 1% postponed

As with unemployment insurance, the government has therefore decided to backtrack, to the current political status quo, the day after legislative elections without a majority. On August 1, the regulated electricity tariff was to increase by another 1%. This increase was to be used to maintain the networks, the maintenance costs of which continue to increase.

However, the Energy Regulatory Commission (CRE) has noted that the government will not publish this increase in the Official Journal, “for readability reasons” electricity prices. Indeed, successive increases and decreases would harm, according to the government, the acceptability of changes in electricity prices.

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A sharp decline by 2025

Around 60% of households still subscribe to what was nicknamed the “blue tariff” for electricity. This new increase would have led to an increase of 10 to 40 euros in the annual bill of the French. And this while, according to forecasts, the government anticipates an equivalent or even greater drop in the coming months.

Last February, the end of the energy tariff shield led to an increase in electricity prices of almost 10%. A decrease of 10 to 15% could be envisaged by February 2025, as a result of the sharp drop in prices on the wholesale markets.

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Source: www.consoglobe.com