Natural gas consumers in France who benefit from the regulated rates of Engie (formerly GDF Suez) will continue to pay the same price on September 1 as last year, the Energy Regulatory Commission confirmed on Tuesday, according to which, without protection state, gas would be 105.1% more expensive than on October 1, 2021.
Prices that skyrocketed with the Russian-Ukrainian conflict
At the time of its creation by the previous government, on October 1, 2021, the “tariff shield” that froze the scales applicable to regulated gas sales tariffs (TRV) was intended to save French consumers an increase expected 19.5% of natural gas prices in November 2021, and the same level in December 2021. The government expected gas prices to fall at the end of winter.
However, prices have continued to rise this year in European markets, especially since the start of the war in Ukraine on February 24 and the gradual depletion of Russian gas exports to Europe.
Rates frozen at their level from October 1, 2021
“The average level of regulated sales rates as of September 1, 2022 would have been 116.5% higher without taxes, that is, 105.10% with taxes included, compared to the current level set on October 1, 2021 ”, specifies the CRE in its press release on Tuesday. night, announcing that rates will remain “frozen on September 1, 2022, at their level of October 1, 2021”.
By 2023, Prime Minister Elisabeth Borne said in July that the tariff shield, which today also affects electricity, could be replaced by more targeted help for low-income French people. The government has yet to reveal her plan.
Source: BFM TV
