This Tuesday, January 16, during a press conference, Emmanuel Macron announced a series of measures on many aspects: pensions, parental leave, unemployment, salaries, etc. Electricity prices did not escape the President’s address either. But then, what did he tell himself?
A return to “normal” electricity prices
This Tuesday, January 16, during a press conference, President Emmanuel Macron assured that electricity prices will immediately “return to normal” and added that they will remain “significantly lower” than what our European neighbors do. “The price (of electricity) will return to normal And most of all it will be, whatever the government announces in the coming days, significantly Less than what is paid in Germany, Spain, Italy”, announced the Head of State.
“Where last year it should have grown over 100%, it should have grown 25% (…) and we will continue Electricity costs are significantly lower than our neighbors“, he added, although he refused to take the position of the government “to make specific announcements” expected soon. Indeed, the fear of the next increase in electricity prices set for next February is haunting the consumers. So much so that some associations, in the absence of sufficient protection of the tariff shield, will stabilize electricity prices. A proposal rejected by the Minister of the Economy, Bruno Le Maire, who took advantage of a trip to the Gravelines Nuclear Power Plant (North) on Monday 15 January, to set aside the idea.Freeze on Regulated Electricity Tariff (TRVE).While reaffirming that Price increase not more than 10%.
“We will discuss with the Prime Minister and the President of the Republic the final figure that will be maintained, but I repeat what I have always said, which is that I keep my word that there will be no increase in electricity prices. 10% in the coming days,” he said.
France “has protected too much”
At the start of his speech, Emmanuel Macron stressed that France had “protected a lot against inflation in recent years,Energy inflation. When the price returns to normal, it is legitimate that there really is increases“, he said.
Defense supported by the tariff shield, but also check the various extraordinary energy delivered in late 2022 and early 2023. Devices that, however, were not enough to prevent consumers from seeing their bills skyrocket over the past two years. It is thus estimated that between February 2021 and January 2024, the average household bill on the regulated EDF tariff (blue tariff) has increased. 1,944 euros to 2,737 euros. An increase in electricity prices of about 41%So, to which a new increase should be added next February.
Development of the total amount of the annual bill for a typical household representative of average consumption with electric heating (consumption 11,200 kWh per year, meter power 9kVA, base option) subscribing to the electricity offer for the indicated month. The amount thus calculated corresponds to the estimated amount of usage over 12 consecutive months from the indicated month of subscription. The invoice amount includes the price per kWh, subscription amount and tax (see method).
💡Expert Advice: As the next increase approaches, don’t hesitate to change your energy offer by switching to a fixed price offer. This formula allows you to keep the price of electricity the same (excluding tax) from the first day to the last day of the contract, which can be for one year, two years or even three years. A good way to protect yourself from incremental increases.
*Table updated on 01/17/2024. In the base option (6 kVA) the budget is calculated for a consumption of 12,500 kWh per year in Lyon.
