Business 2.4% increase effective February 1

2.4% increase effective February 1

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This represents an increase of around 21 euros per year for the average bill of a residential consumer.

Through Le Figaro with AFP

Last year, in the midst of the “yellow vests” crisis, the government delayed and froze prices during the winter.
Last year, in the midst of the “yellow vests“, The government had temporized and frozen the tariffs during the winter. PHILIPPE HUGUEN / AFP

The government will apply as of next week, on February 1, the 2.4% increase in regulated electricity rates (blue residential rates and those applicable to small professionals), we learned on Wednesday, announced on Ministry of the Ecological and Inclusive Transition.

In view of the moderate evolution of the tariff, and in order to avoid generating further catch-up, the new tariff is expected to come into force on February 1, 2020“, Told the AFP the Ministry of Ecological and Solidarity Transition this morning.

The government decides to apply the increase at the end of the month

The Energy Regulatory Commission (CRE) had proposed this increase of 2.4% inclusive of tax for blue residential rates and those applicable to small professionals, according to a draft decision consulted Monday by AFP. The government could choose to apply the new rates as of February 1 or to play for three months. Last year, in the midst of the “yellow vests“, The government had temporized and frozen the tariffs during the winter. The sharp increase of 5.9% then proposed by CRE had therefore only been applied on June 1.

This gap now needs to be caught up to cover supply costs“, One underlines to the ministry. The 2.4% increase on February 1 is thus “notably composed of a 1.5% catch-up linked to the delay in the entry into force of the tariff in 2019“, According to the same source.

The new increase in the regulated sales prices (TRV) marketed by EDF must represent an increase of around 21 euros per year for the average bill of a residential consumer, according to the CRE and the ministry. “French residential consumers benefit on average from much cheaper electricity than the European average and almost 60% cheaper than German residential consumers“, Advance the government.

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