Increase in electricity prices: 15% in February, 10% in August, and this is only one start

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Electricity: an increase in prices from 10 to 20% in early 2024 is “excluded”, assures Bruno Le Maire

Increase in electricity prices: 15% in February, 10% in August, and this is only start

The increase in the rate regulated on August 1 was not planned. But it is not really surprising and should be followed by others in the coming years.

Reading time: 9 min

When, at the end of July, we learned that the regulated electricity rate was going to be increased by 10% on August 1, the surprise was large. In fact, the government had suggested that the 15% increase in early February would be the only one of 2023. But, as we know, the promises only engage those who believe them.

Budgetary considerations finally won: the price shield cost too much and, as inflation seemed to slow down other products, it seemed possible to let consumers bear a greater part of the real cost of their electricity.

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To fully understand what these successive increases mean, it is important to return to two essential points: European energy policy and the way in which successive crises have come to hit this policy.

Competition supposed to benefit the consumer

European policy in this area is no exception to the general rule, that of a single market under the sign of competition, which should theoretically benefit the consumer.

The problem is that all European countries are far from being in similar situations: they do not all have the same natural resources, the energy policies carried out in previous decades being far from having been comparable. Some have oil and gas, others have played the nuclear card; Still others have favored competition between private companies in this sector, or preferred to constitute monopolies placed under the control of the State.

Wanting everyone walked at the same time was not easy. The crises have further complicated the beautiful pre -established patterns and Europe is struggling to find an agreement on a reform of its electricity market.

The very fact that we are still talking about prices regulated in this field can also seem anachronistic: is it not contrary to free competition? This opening to competition was made in two stages from 1999 for large and medium -sized enterprises.

Why did the government decided this summer increase of 10%? To understand it, you have to go backwards. On the wholesale electricity market, prices had started to go back in 2020 after the more or less severe containment measures taken in European countries at the time of the COVVI-19 epidemic, due to a strong restart of demand.

But, in France, the Mégawatt Hours Step Prix (MWH) was exchanged on average at 32.4 euros during the last week of the year, a lesson slightly lower than that of the first week of January.

Market explosion on the market

The increase really started in 2021, with an average spot price in France of 345.3 euros during the penultimate week of the year, or a multiplication by ten in a year. And the worst was to come in 2022 with the war in Ukraine and the cessation of Russian gas deliveries. In August, the MWH spot price established for a week at 611.6 euros.

Punctually, even higher prices have been recorded. As RTE (EDF subsidiary and electricity transport network) recalls, one day at 9 a.m., a record was reached 2.880 euros per MWh while, to deal with a high demand, it was necessary to call on the last available, the most expensive means.

But the government was able to observe that the increase in the general consumer price index, after a point in annual rate of 6.3% in February, returned to 4.3% in July. It is still much more than the monetary authorities would not wish (2% as much as possible), but it is already much more bearable, especially at a time when wages are also upward oriented (4.6% on one year in the second quarter for the basic monthly salary of all employees). This increase in electricity prices in the middle of the holidays should be able to pass without too many problems.

By reducing the expenditure of the State, it would be easier to achieve the objective of a public deficit less than 5% in 2023 while waiting to return below 3% in 2027, as France was there engaged in front of European bodies in its 2023-2027 stability program. It has been months since Bruno Le Maire, Minister of the Economy, hammered that we arrive at the end of “whatever it costs”; He has to do what he says ..

Upcoming massive investments

Does this increase not planned by a leash to predict others? The movement cannot continue at the current rate: 15% in February, 10% in August, it is violent, even if the CRE calculations show that in pure economic logic, it would be necessary to go even faster.

Electricity is a sensitive subject for households with modest incomes. But it is clear that the trend will remain permanently to a faster increase than all prices. When we see the list of costs that CRE takes into account, it is hard to imagine that it can be otherwise.

READ ALSO

Electricity producers, EDF first, will have to invest massively in the coming years: it will be necessary to proceed to the “large fairing” of nuclear power plants currently in operation, that is to say major maintenance work allowing to prolong their lifespan.

It will also be necessary to build at least six EPR 2, these new generation EPR reactors which we hope will be less long to build and less expensive than the first – the need for new investments in nuclear is strongly disputed in environmental circles, But it seems difficult to save it if we really place the decarbonization of energy production at the very first rank of priorities.

It is imperative to continue to encourage policies of sobriety and energy efficiency.

This will not prevent having to invest massively also in renewable energies; If we want private investors to participate in this development, the price of energy must ensure the profitability of their investments.

There is also an effort to be made in the transport of electricity. We don’t care about it, public debate mainly relating to nuclear risks or the nuisance of wind turbines, but it is an essential point. The mesh of the territory will deeply change: it is no longer a question of leaving only a few large nuclear or thermal power plants, but a multitude of installations transforming the energy of the wind and the sun.

RTE plans to invest 33 billion in the modernization of its network by 2035, or 2.2 billion per year. Certainly, as the EDF subsidiary says, “This represents only a small part (16% to 22%) of the 150 to 200 billion necessary to modernize the entire electrical system”. But it also helps to increase the addition.

Adapt to an inevitable increase

In the 2010s, before the health crisis and the war in Ukraine, France consumed around 480 TWh per year (one terawatt, it is a billion kWh). By 2035, taking into account the objectives set for decarbonation, RTE works on scenarios oscillating between 580 and 640 TWh. Scenarios based on lower figures are also studied, but their probability of realization seems lower.

The reduction in the use of fossil fuels implies that we invest in the production and transport of electricity. Too often, reasoning is distorted by the idea that the sun and the wind do not cost anything.

In fact, the variable costs (those that vary depending on production) are much lower with renewable energies than with fossil fuels or nuclear power where, to produce more, you have to consume more fuels. But we cannot forget the expenses of research and development, construction of facilities and transport infrastructure. The increase in prices is inevitable.

READ ALSO

In this context, if we want to avoid unpleasant surprises, it is imperative to continue to encourage policies of sobriety and energy efficiency. It is also necessary to predict an effort of solidarity towards the most disadvantaged populations, with already many households in a situation of energy precariousness.

We can also expect an evolution of pricing, and at prices up with the quantities consumed. We have to face the facts: everything we can tell us about possible abundant energies – unlimited -unlimited and inexpensive is of the order of fantasy. Energy, even that which is improperly described as “green”, has an economic and environmental cost.

Electricity increase 2023 and increase EDF rate: what explanations ?

In France, the price of electricity at the regulated rate is determined by the public authorities. It can evolve twice a year, upwards and downwards. In August 1, 2023, the price of electricity increased by 10 %. This increase corresponds to an increase of around € 160 on the annual electricity invoice of French households.

⚠️ Increase in the price of electricity: + 10 % expected for 2024 after the increase in August 2023

The price per kWh will read 10 % in 2024

The CRE unveiled a new increase in the price per kWh by 10 % for 2024. Given current market trends, CRE calculations thus provide for a strong increase. However, certain factors come to qualify this increase:

• Some data is missing to CRE to consolidate its calculation, which they will obtain informed of autumn;
• The result of the calculation does not take into account the possible application of pricing shield.

It is therefore necessary to wait until the end of the year to have confirmation or not of this increase on the part of the CRE.

How much it will represent on my invoice ? In September 2023, the price per kWh was € 0.2276. By increasing by 10 %, it would go to € 0.25 per kWh. Thus, a home whose consumption would be 5,681 kWh per year, the current French average, would see its electricity invoice falls asleep of almost € 129 per year !

Note that the weight on the consumer wallet continues to increase; clear increases have already been observed in:

• On August 1, 2023 with a 10 % increase ;
• On February 1, 2023 with a 15 % increase.

An increase in the price per kWh by 10 % already suffered in August 2023

THE Regulated electricity rate increased by 10 % on August 1, 2023. A government decision that affects French households, as well as small businesses whose meter power is less than or equal to 36 KVA.

Concretely, this price increase led to an additional cost equivalent to € 160 per year, or fifteen euros per month. According to CRE, the price of electricity would have theoretically increased by 74.5 % without the price shield.

This increase is notably due toEvolution of public electricity networks for the use of public electricity networks (Turpe) which believed 6.51 % for the distribution of electricity (Turpe HTA-BT) and 6.69 % for the transport of electricity (Turpe HTB).

HP/HC customer 9 kVA consuming 8,500 kWh/year, 46% in off -peak hours. Sources: Cre and selectra

Will EDF increase its prices in 2024 ? As of August 1, 2023, the regulated electricity rate increased by 10 %. However, this government decision is lower than the recommendations of the energy regulator. We could therefore imagine a future catch -up in 2024, leading to an upcoming increase in electricity prices. However, Emmanuelle Wargon (president of the energy regulation commission) spoke of France Inter the fact that electricity prices should be lower in 2024. It is therefore difficult to know if EDF will increase its prices, because the information we hold contradict itself.

�� What is the impact of the rise in the price of electricity on the invoice ?

What increase in the price of electricity in 2023 ?

Since 2006, the cost of electricity with regulated prices increased as follows:

• + 93.93 % Increased cumulative (August 1ᵉʳ 2023);
• + 150.8 % without the price shield (at August 1ᵉʳ 2023).

Consumers have been able to feel this increase on their bill, whatever their electricity consumption. The graph below makes it possible to note all the developments in the regulated electricity rate with and without the help of the price shield, since 2006 :

What is the price of kWh of electricity ? Today, the price of a kWh is 0.€ 2276 TTC at the regulated and optional price. Note that as part of the off -peak hours option, the full hours are 0.€ 2460/kWh and off -peak hours have a cost of 0.€ 1828/kWh.

Know the difference in the price paid by his household between two periods

Selectra provides a tool for Compare and know the price difference between two periods Depending on its consumption mode. Thus, it is possible to know how much the price to pay on the invoice has increased or decreased, between two periods given.

Calculate the real impact of the evolution of the regulated electricity rate

What is the power of your counter ? (in KVA) *
What is your total annual consumption in kWh ? *
What is your price option ? *
First period of comparison: *
Second period of comparison: *

⚖️ What are the solutions to protect yourself from the rise in electricity prices ?

Consumers have several solutions to protect themselves from the price increase. Whether via state aid, adaptation of consumption habits or the choice of a new supplier, there are several ways to reduce your energy bill

Modest households benefit from the help of the energy check

Following the last announcements on the price shield, the government had informed that an exceptional “energy check would be sent to the homes most affected by this price increase.

This “exceptional” energy check addressed twice as many households as a usual energy check: 12 million households are affected, Or 40 % of French households.

Its shipment was made between December 2022 and February 2023, depending on the location. Its amount, varying according to household resources, is between 100 and 200 €.

Change supplier

It is possible to compare the energy suppliers present on the market and Choose the offer most suited to your budget. Below, a selection of attractive contracts available on the market:

* Up -to -date table of 25/09/2023. Budget calculated for a consumption of 12,500 kWh per year in Lyon as a base (6 kVA) .

What is the cheapest electricity offer in September 2023 ? In September 2023, The cheapest electricity offer is Aurore proposed by Bellenergie and saves 303 € Compared to the regulated rate for an annual budget of € 2691.

It may be more advantageous to change the electricity supplier, which is why Selectra selects the best electricity supplier according to its offer and customer service !

Subscribe a fixed price offer

Fixed prices electricity offers allow Protect yourself from the increase in electricity rate, due to the fluctuation of the wholesale market. However, these offers are not always attractive from a financial point of view. For them to be, the annual budget must be cheaper or identical to that of the regulated electricity rate.

For more details on the best offers at existing fixed prices currently, it is possible to consult the following table:

* Up -to -date table of 25/09/2023. Budget calculated for a consumption of 12,500 kWh per year in Lyon as a base (6 kVA) .

How to choose your electricity offer ? To be sure to make the right choice and take out an offer adapted to your needs, it is advisable to call on the advice of a Selectra expert. Advisers are available at ☎️ 09 73 72 73 00 Be recalled

Zoom on electricity contracts at indexed prices

Price indexed on TRV

Contracts at a price indexed to the regulated electricity rate can make it possible to pay cheaper than the regulated rate when they include a discount on the price of KWH HT. However, if the blue rate increases, then the price of the offer will also increase. This therefore does not always allow customers to be protected against the increase in electricity prices.

However, it is useful to study these offers, and potentially to subscribe one when the economic situation is better. Below, the Top 5 electricity contracts at the cheapest indexed prices on the market in September 2023 ::

* Up -to -date table of 25/09/2023. Budget calculated for a consumption of 12,500 kWh per year in Lyon as a base (6 kVA) .

Price indexed on wholesale markets

Concretely, the price of offers indexed on the wholesale markets varies every day, if not every hour. This type of contract therefore presents risks, as price increases can be high. In a context of an energy crisis, The National Energy Mediator advises against individuals an offer at a price indexed in the wholesale markets.

In order for the offer to be advantageous, customers must adapt their electricity consumption according to market fluctuations.

How to reduce consumption thanks to energy sobriety ?

Energy sobriety is a term initiated by the French government. He called on the sobriety and solidarity of each in order to avoid the shortage during winter cold waves. The sobriety plan tends to Decrease the energy consumption of French households by 10 %, Thanks to certain tips:

• Heat the parts to a maximum of 19 degrees;
• Covering instead of increasing heating;
• Use the eco mode of its washing machine and dishwasher;
• Adjust the room temperature to 16 degrees;
• Perform energy renovation work.

Thanks to energy renovation, everyone can act in order to make heating savings and thus improve its energy efficiency:

• Initiate work frominsulation (windows, attic, walls or floor);
• Carry out work ventilation ;
• Use a Energy economical heating system More responsible: it can thus be privileged a heat pump, a wood stove or a high yield boiler;
• Promote solar For its energy needs.

What solution to protect yourself more from the rise in electricity prices ?

It is also possible to couple this strategy with eco-gestures to reduce consumption and save money ! Here are some examples:

• Lower the heating power, especially in unused rooms;
• Prefer to extinguish devices rather than putting them in standby;
• Promote the use of devices during off -peak hours if possible.

Participate in a group purchase

It is also possible to Subscribe to a group purchase, in order to take advantage of a group rate and save money.

Group purchases thus have many advantages:

• A negotiation force on the part of consumers on the energy supplier in order to have the best offer;
• Selectra support in the negotiation and competition of offers;
• Group prices leading to a cheaper final energy bill !

�� What consumers are impacted by the increase in the price of electricity ?

Which is concerned by the increase in electricity prices ?

Offer type	Is the customer concerned ?	When the price increase is effective ?
EDF blue rate (regulated rate)	✔️	From August 1ᵉʳ 2023
Indexed offer	✔️	As soon as the pricing grids are released August 2023
Fixed offer	✔️	As soon as the new prices
Variable price offer	✔️	From the end of the contract

The last increase in the price of electricity (+ 10 % in August 2023) affects consumers differently, depending on their profile and their type of contract. This target increase essentially Households and small professionals with a meter power less than or equal to 36 kVA. In addition, customers of an offer at the regulated rate or an indexed contract are more concerned than the other.

In addition, customers of a fixed or blocked price offer are, for the moment, not directly concerned. However, their electricity bill is likely to increase when the contract expires, So they must remain vigilant. In the event of an upcoming price increase, suppliers must notify the concerned at least a month in advance.

��️ Does the price shield really protect consumers ?

Set up in early 2022, the price shield made it possible to limit the increase in electricity prices. Imposed at the regulated rate, it made it possible to circumscribe the increase in prices at 4 % at first, then at 15 % from February 2023. By way of comparison, in February 2023, the electricity rate should have achieved a 99 % increase without the presence of the price shield.

The price shield, theoretically active until 2025, made it possible to limit the increase in electricity prices in August 2023. According to the crest, the increase would have reached 74.5 % without the help of this device.

The graph below thus presents The rise in electricity prices in the absence of the price shield ::

HP/HC 9 kVA 8,500 kWh/year including 46% in HC – price shield applied in 2022 and 2023. Source: Cre and selectra

Has the price shield benefited everyone ? The price shield being linked to the regulated rate, it has made it possible to protect consumers who have subscribed to regulated price or to a contract indexed on the regulated rate. Consequently, holders of another type of electricity contract (offer indexed to the price of electricity on the wholesale market, offer at variable prices, for example), could see their invoice increase again.

�� Why the price of electricity increases ?

Follow KWH prices in France thanks to the API Selectra ! Selectra, an expert in the comparison of energy offers, offers daily monitoring of prices and offers from the various electricity and gas suppliers thanks to its API.
Selectra Energy API Access

Why a new increase in the price of electricity in 2023 ?

Between 2006 and 2023, The price of electricity has increased annually, following the increase in regulated HT prices and taxes. The price per kWh of electricity is revised each year by the authorities and the latest increases make it possible to finance different projects:

1. Maintenance of the French nuclear park;
2. Improving transport and distribution of electricity;
3. The growth of green energies on French territory.

Here are the different factors that have thus contributed to the increase in the price of electricity:

1. L’Very significant increase in gas lesson (+ 300 % compared to the beginning of the year) to which is linked that of electricity since gas plays an important role in the production of electricity in many European countries;
2. L’increase in electricity prices on wholesale markets;
3. THE Price shield limits the increase in the price of electricity, But don’t block it;
4. THE nuclear electricity volume that EDF is required to resell at a fixed price to alternative suppliers is insufficient;
5. THE Tax weight and contributions that grow.

Consumers have escaped the worst, since the French government has capped the increase in the price of electricity at +4 %. In February 2022. In order to avoid an increase of 35 % due to the energy crisis, the price shield has therefore been extended. This allows Check prices and maintain it at 15 % (instead of 99.22 %), until August 2023, where the price of electricity again underwent a 10 % increase.

The main thing to know about the energy crisis

The energy crisis in France began in 2021 and was perpetuated due to the sequences of politico-economic events.

1. In 2021, while the Pandemic of Covid-19 was mastered and the economic activity displayed a strong recovery, Prices on the wholesale gas market have increased drastically ;
2. At the beginning of 2022, the invasion of Ukraine by Russia had a considerable impact: as economic sanctions, certain European countries (including France) deprive themselves of Russian gas, which has a new price increase;
3. Usually France has an energy advantage thanks to its important nuclear fleet. However, it turns out that more than a dozen reactors are currently at a standstill For maintenance, preventing the country from increasing the increase in energy prices by its own resources.

How did the energy crisis influence the wholesale market ?

The energy crisis first affected the price of electricity on the wholesale markets. This is the market on which energy prices are discussed, between producers and suppliers. As energy prices have suddenly increased, suppliers have had no choice butalso increase the price of electricity and gas to consumers.

The table below compares the state of the major wholesale market with the state of the wholesale market in the month and last year.

Evolution of the “Day-Ahead” Spot Price of electricity

Next day 09/26/2023	Today’s price 09/25/2023	Spot price 30 days ago 08/25/2023	SPOT Prize last year 09/25/2022
Price (€/MWh)	Posted around 1:30 p.m €/mWh	87 €/mWh	98.37 €/mWh	399.15 €/mWh
Evolution in €	ND	ND	-11.4 €	-312.2 €
Evolution in %	–	–	-11.6%	-78.2%

Source: North Pool Group – Updated on 09/25/2023

The graph below provides details as to the link between politico-economic events in Europe and the increase in energy prices.

Three dates related to the news stand out in particular:

1. December 22, 2021: the decision to close two reactors;
2. March 8, 2022: The threat of an embargo on Russian oil;
3. June 22, 2022: The end of the russia gas routing to France.

What are the other factors that can affect the price of electricity ?

Several factors influence the electricity price. Among them, we find in particular the maintenance and modernization of the French electricity network, different taxes on electricity or even electricity production costs.

The constituent elements of the price of electricity

The price of electricity is made up of Different parameters varying its value. These parameters correspond to a step in the process of energy transmission between the producer and the consumer.

Variation in the cost of supplying electricity

The supply of electricity is the only share of the price which can vary from one supplier to another, because it implies:

• THE supply cost, either the price to which the electricity producer sells energy;
• THE sales, customer service and marketing costs from the supplier ;
• There margin Made by the electricity supplier.

Electricity routing

This part corresponds to Electricity transfer from its place of production to the consumer’s home. For this parameter, only the load subscribed varies the price, depending on if the cleaning is under a load of 3 kVA, 6 kVA or 9 kVA.

Note, however, that The price does not depend on the location of the home ; This one remains the same, whether the household is in rural or city center.

Increased taxes and contributions on electricity

In France, there are several taxes on electricity set by the public authorities. They represent approximately 30 % of the price including tax of electricity, and their amount varies maximum once a year. There are a total of 4 taxes and contributions:

• The excise on electricity (old CSPE) : merged in 2016 with the ICT, this tax taken from the invoices of French consumers aims to participate in the financing of various public service charges such as the energy check or the national energy mediator. While it was maintained at € 22.5/MWh and has not changed since 2016, its amount is revised down in February 2022: it is now 1 €/MWh for households and small professionals including the counter does not exceed 36 kVA, and 0.5 €/MWh for companies whose meter power is greater than 36 kVA. Since 2023, the TCFE has been integrated into the CSPE and, due to the price shield, has been an amount of 0.001/kWh;
• There Cta, Rental price contribution. Created in 2004, this tax is specific to the electricity and gas sector. It has the characteristic of remaining fixed on the consumer invoice and aims to finance the pension plan for employee industries in this sector;
• There VAT, Value added tax. In the same way as most goods and services, this tax applies to electricity up to 5.5% on the electricity subscription and 20% on electricity consumption. The last increase in this tax dates from 2014, when it increased from 19.6 % to 20 %.

The graph below presents more precisely the distribution of the components of the price of energy

Supply: share of the regulated rate to cover the costs of production and marketing of electricity. Network: Part of the regulated rate to cover electricity transport costs. Taxes and contributions: VAT, CTA, TCFE and CSPE.

Maintenance, renovation and modernization of the electricity park

The maintenance of electrical installations in France represents very important investments each year. The cost of maintenance and renovation of the 58 reactors present in the 19 French nuclear power plants was for example estimated at 55 billion euros between 2014 and 2025. A necessary investment in order to extend the lifespan of these 20 -year -old power plants while ensuring that the new security standards are complied with following the Fukushima nuclear disaster in Japan in 2011.

The same is true for the French hydroelectric heritage which requires significant investments in modernization and optimization. Since 2011, 2 billion euros have been invested for this purpose, as well as an additional 450 million euros to develop new projects.

Maintenance of the French electricity network

The French electricity network is the largest in Europe, with 1.2 million kilometers of power lines. Each year, a very large sum is invested by ENEDIS RTE and distribution transport networks in order to maintain and modernize networks. The purpose of these investments is to ensure the safety of power lines, but also to participate in the deployment of Linky electric meters.

These missions being of the order of public service, the prices are fixed by the public authorities and revised each year, impact on the price of electricity, and therefore the price paid by consumers.

Which decides to increase the price of energy in France ?

Until 2015, it was the government that determined the price of electricity following the consultation of the Energy Regulatory Commission (CRE), an independent administrative authority ensuring the proper functioning of the electricity market. The ministries responsible for energy and the economy were free to accept or not to set up the recommendations of this organization.

But since the end of 2015, it has been the CRE itself which fixes the price of electricity directly and regardless of France. The government nevertheless has the right to oppose its decisions within 3 months of the proposal.

�� Increases in the price of electricity between 2017 and 2023

For 10 years, the price of the EDF regulated rate has experienced almost only increases. As it is possible to see on the graph below, there are only two decreases (in 2016 and 2018) over the period, against 14 increases over the same period. The largest increase over these ten years is that of 5.9 % occurred in June 2019.

Graphic: Selectra – Source: Selectra

August �� August 2023: the price of electricity increases by 10 %

As seen above, the price of electricity has experienced a new increase in August 2023, 10 % this time. With a Supplement of € 160 per year On their invoice, households and small businesses observe a Gradual disappearance of the price shield. However, the latter continues to protect households On a little more than a third of their invoice.

�� February 2023: increase in the price of electricity by 15 %

In July 2022, the government had suggested Price increases from February 2023. The information has recently been specified in a press conference held by the Prime Minister, Elisabeth Borne.

Thus, for the whole year 2023, The price shield will be maintained But the increase in the price of electricity will no longer be limited 4 % but to 15 %. This would result in an increase in electricity prices of € 20 per month for households. Note that if the price shield was not set up, the rise in prices would have reached 99%.

In addition, the CRE has shared its proposals for evolution of the regulated electricity sales prices in the event that the price shield is not applied. And thus, on February 1, 2023, the new prices would experience a increase of almost 100 % with 99.4 % including tax, or € 175.4/MWh (HT) for residential blue prices and 97.9 % TTC increase, either 177.5 €/mWh (HT) for professional blue rates.

�� The increase in the regulated electricity rate limited to 4 % on February 1, 2022

To prevent the increase in electricity prices from being too large, Jean Castex is committed to limiting it by taking two measures:

1. No increase in the price of electricity End of 2021 ;
2. A slight increase will be necessary in early 2022, but it will be limited to 4 %.

According to the calculation of the CRE, without this price shield, the increase in the price of electricity on February 1, 2022 should have been 44.5 %. The consequences on the energy budget of French homes of this increase would have been very important: + € 330 on average on the annual bill for an individual. Thanks to the price shield and its limitation to 4 %, we would speak of a increase of 5 euros per month on the electricity bill, Or 60 euros per year.

�� Increases in the price of electricity in 2021

+0.48 % on the regulated rate from August 2021

The price per kWh of electricity continues to increase in 2021 with an increase in 0.48 % TTC for individuals. This time, the increase in the price of electricity is explained by:

• The increase in the component of routing of regulated electricity prices following the entry into force of the new price for using public electricity networks called Turpe 6;
• The reassessment of the remedial component of prices relating to the non -covered amounts in 2019.

How to prevent the increase in the price of electricity ? In order not to undergo an increase in electricity prices, it is possible to subscribe to a electricity offer at blocked prices. This type of offer has the distinction of seeing its price set up from the subscription and remains the same Throughout the duration of the contract (between 1 and 4 years depending on the offers).
More info by contacting a Selectra advisor to ☎️ 09 73 72 73 00.
Be recalled

The rate regulated up 1.6 % from February 2021

At the start of 2021, the price per kWh of electricity is increased by 1.93 % excl either 1.61 % TTC for individuals. The reasons for this increase in the price of electricity are multiple:

• Cost of supply cost in electricity;
• Drop in marketing costs of EDF, linked to the effects of the COVVI-19 health crisis;
• Catch -up of the difference between costs and electricity prices, linked to the effects of the health crisis as well as Inadage of unpaid.

�� Increases in the price of electricity in 2020

+1.54 % on the TRV of electricity on August 1, 2020

There increase of 1.82 % excl. Tax, or 1.54 % including tax in August, Following the increase in February of February 2.4 %. This increase is explained by the following factors:

• Increased routing costs by 3.4 % On average, or 1.24 % including tax on the TRV of electricity;
• The drop in marketing costs of 0.06 % TTC, caused by the increase in the financial counterpart that Enedis gives to suppliers for customer management;
• The drop in the catch -up constant to +0.37 % including tax. This constant has been implemented since 2019 to make up for the significant gap that has existed for 2 years, between the cost of electricity and its price.

+2.4 % on the price of electricity on February 1, 2020

CRE (Energy Regulatory Commission) proposed an increase of 2.4 % on the price of electricity for February 1, 2020. This increase applies to the regulated electricity rate for individuals and small pros (power less than or equal to 36 kVA) and represents € 21 per year on average on the invoice.

According to Lefigaro.fr, it is caused by a Increase in supply costs But also by a catch -up of the past year during which the yellow vests crisis had frozen the increase in energy prices during the winter period.

�� What an increase in the price of electricity in 2019 ?

Increase in the price of electricity by 1.23 % in August 2019

Following a first increase of 5.9 % of the price of electricity in June 2019, a news increase in electricity by 1.23 % was applied from August 1ᵉʳ 2019. According to the Energy Regulatory Commission (CRE), this new development of the price of electricity would be for the main objective to cover the increase in the prices for using public electricity networks (Turpe). These prices pay for the managers of transport and distribution of electricity and are revised annually on August 1ᵉʳ in order to adapt to market developments and to inflation level.

Increase Price electricity 2019: an increase of 5.9 % on June 1ᵉʳ

At the end of 2018, the CRE (Energy Regulatory Commission) had announced a EDF price increase 5.9 % TTC from March 2019. This decision was postponed by three months against the yellow vests movement, to finally go into application from June 1, 2019. This increase represents around € 7 per month or € 85 per year on consumer bills. It is the international situation, through two main factors, which explains this last evolution of the price of electricity:

• A significant increase in electricity prices on wholesale markets, caused by the increase in prices for raw materials since the start of 2018;
• A doubling of the average prices of capacity guarantees, mechanism to limit power cuts on significant electricity consumption days.

The president of the CRE also justified this increase in the regulated electricity rate By advancing that it would preserve the 3 objectives pursued by this organization: security, quality and medium and long -term prices.

�� The rise in the electricity rate in 2018

In 2018, EDF prices have experienced changes (regulated tariff). A first Electricity prices increase 0.8 % for individual customers in February 2018, following a proposal from the Energy Regulatory Commission in January 2018. This increase is notably due to the revision of Turpe (price for using the public electricity network). The price per kWh finally experienced a downward adjustment of 0.5 % in August 2018, on recommendation of the CRE.

�� Analysis of the rise in electricity prices in 2017

THE Regulated electricity rate experienced 1.7 % excluding taxes on August 1, 2017. This increase is partly due to the evolution of electricity delivery costs and the maintenance cost of nuclear power plants. However, the EDF 2017 price increase Also has the particularity of being partly due to a “catch -up” in order to cover the delays accumulated since 2012, which represent a shortfall estimated at around 190 million euros for EDF. Indeed, for the period 2012-2013, the Ayrault government had decided to cap the increase in EDF Blue Tariff by 2 %. This price “gel” was then invalidated by the Council of State in 2014. The latter had then given reason to EDF competitors by believing that the increase was not sufficient to cover the electricity production costs borne by the historic supplier.