Development of EDF

Purchasing power, climate…energy are at the center of concern. The continuous increase in regulated selling prices for electricity (TRVe) has raised questions among the twenty million consumers concerned, sometimes even some criticism. Faced with this, the EDF decided to demonstrate pedagogy during a speech on Friday morning.

The group insists that the latest increase is essentially attributable to an increase in the so-called excise tax. It was reduced to 1 euro as part of the Tariff Shield. The government removed it and decided to return this tax to its pre-crisis levels, i.e. 21 euros per megawatt hour (MWh) excluding VAT, or 24 euros per MWh including tax. This tax applies to all contracts, whether TRVe or otherwise. In detail, the energy portion of TRVe customers’ bills is almost constant. For market offers, prices are, by definition, free. EDF will make its own adaptationDuring March to take into account the developments in recent months“

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If the increase is the same in specific value for all contracts, in percentage, it depends on the level of consumption and the initial price of MWh. Since the initial cost of peak/off-peak (HP/HC) and tempo options is lower than the base rate, the increase is mathematically higher. Thus, the increase in excise tax reaches 8.6% for base rate, 9.8% for HP/HC and 14% for tempo. “The Tempo option is very beneficial to the customer as it can reduce their consumption during the 22 red days of winter. It can generate an average savings of 27% compared to the basic option», explains Lionel Zécri, EDF’s director of individual consumer markets. On average, these customers reduce their consumption by 36% on red days. A system that has a growing following, as Tempo customers have gone from 200,000 customers before the crisis to 600,000 customers. The Zen Flex offering, slightly more expensive, offers “More flexibility for customers with more HP/HC range», referring to Lionel Zécri. To find a way around them, consumers can use an energy broker’s comparator.