Energy price hikes: the tariff shield extended in 2023

The 2023 budget further extends the tariff shield until 30 June 2023.

The rate increase shall be limited to 15 % on average from 1^er January 2023 for gas, and also at 15% on average for electricity from 1^er February 2023.

The limitation is higher than in 2022 (which was 4%) but covers “all households, condominiums, social housing, small companies and smaller municipalities”. This measure involves:

• an average increase in bills of around €25 per month for households heating with gas. The increase would be about €200 per month without a tariff shield;
• an average increase of around €20 per month for households heating with electricity, instead of €180 without a tariff shield.

There is no catch-up announced in 2024 to be borne by households, the shortfall for energy producers having to be borne by the State. In addition, aid of up to €200 is also provided for French people heating with fuel oil or wood.