Towards further hike in gas prices in July

As expected, gas prices will rise this year with the end of price protection. An increase of approximately 7.30 euros per month, including tax, should take place from next July.

The gas price hike in France is now official. After the relative stability that has marked prices in recent years, the French will have to prepare to pay more for their monthly gas consumption from next summer. The new increase was announced on Friday by the Energy Regulatory Commission (CRE) and network manager GRDF. It is attributed to the upward revision of tariffs of distribution networks. The latter should see its value increase by an average of 27.5% by July 1, 2024.

A decision that amounts to the end of the tariff shield

You should know that the decision to increase the gas distribution rate is not new. In fact, it was taken following the end of the tariff shield. At the initiative of CRE, a consultation on tariff revision for the period up to 2027 was held with market participants at the end of 2023 with the aim of meeting the needs of the energy transition.

“This initiative introduces costs, which are financed in part with gas price increases imposed on consumers. GRDF, the gas network manager in France, has proposed a 41% increase in gas prices. A figure considered excessive by CRE which for its part implies an average increase of 30% for distribution tariffs from July 1, 2024”

The site reminds Meilleurtaux.

“The impact on the residential customer’s bill will amount to +5.5% or +7.30 euros, including the tax per month for the average heating customer represented in the Gas Sales Benchmark Price (PRVG). » Energy Policeman estimates, according to Sud-Aust, published monthly by CRE.

Why the increase in gas prices?

On the other hand, on the average domestic hot water/cooking customer’s total monthly bill, the increase would be more than 10.4% or +2.20 euros including tax. These new prices are now put in place to cover delivery costs billed to customers.

According to the GRDF, which bears these costs in the first place, the revaluation of prices is motivated by the desire to capture the latest increase recorded during the previous period, until reflected in the customer’s bill due to the tariff shield.

“The price remained constant and therefore did not cover all the costs of the company”, explains the group. CRE, for its part, develops it “This tariff makes it possible to maintain a high level of security for the networks and actively contribute to the energy transition, in particular by allowing the integration of biogas into the networks”.