Will prices be more transparent in 2024?

Ambitious Roadmap for 2030 and 2035

The government recently unveiled its strategy aimed at restoring France’s energy sovereignty. By early February, parliamentarians will scrutinize the draft bill, which will be published by Energy Transition Minister Agnes Panier-Rancher’s cabinet. The action plan focuses on two main axes: a significant reduction in fossil fuel consumption – 50% by 2030 compared to 2012 and 65% in 2035 – and a 30% reduction in overall energy consumption over the same period..

Towards enhancing consumer information and security

Building on the experience of the 2022 energy crisis, the government is tackling abusive practices in the energy sector. The draft law emphasizes consumer information and security. In a key move, electricity and gas offers will now include an annual bill estimate based on consumption estimated by the Energy Regulatory Commission (CRE)..

Increase transparency on energy tariff changes

The law provides for better regulation of price changes during the contract. Suppliers must provide a clear comparison of annual invoices before and after any price change. Additionally, the notice period to inform the customer of these changes will increase from 1 to 3 months, thus allowing more time for an informed decision..

No more expensive monthly payments

There is a widespread practice among some suppliers of maintaining low monthly payments despite price increases, leading to hefty annual adjustment bills. The government is considering banning this practice. The increase should be reflected in monthly payments immediately, with the new schedule taking effect within two months.

Inspection of methods for calculating monthly payments

The bill also aims to control sudden changes in the calculation of monthly payments. Changes from indexed prices to regulated prices to more volatile prices can only take place after one year of the contract, unless expressly agreed by the customer.. The measure aims to protect consumers against unexpected and often adverse fluctuations.

These measures, focused on transparency and conservation, represent a major turning point in the regulation of the energy market in France. They promise an era of better information and increased security for consumers, allowing them to more calmly navigate the ever-changing energy landscape.