Energy tariffs

Electricity: no price increase in August 2024

Publié le 16 juillet 2024 - Directorate for Legal and Administrative Information (Prime Minister)

The regulated electricity rate was to increase by about 1% on the 1er August 2024, following an increase in the transmission tariff for that energy. As this upgrade has not been validated by the Government, the price of electricity will not be raised in August. The evolution of the electricity transmission tariff is to be reviewed in the near future.

The Commission for the Regulation of Energy (CRE), an independent administrative authority, proposes twice a year a review of the regulated electricity tariff (also known as EDF's "blue tariff"); this tariff concerns the majority of households. This revision proposed by the CRE must then be approved by ministerial decision.

On 15 July 2024, the Commission for Energy Regulation published deliberations progressing to 1er August 2024 the tariff for the use of the public electricity distribution networks (TURPE). The TURPE makes it possible to finance the transmission of electricity from production centers to final consumption points (companies, dwellings, etc.); this is one of the components of the price of electricity.

The Energy Regulatory Commission states that the planned developments in TURPE would lead to an increase of around 1% in the regulated electricity tariff.

The Ministry of Energy, for its part, has indicated that it will not publish the Official Journal the tariff deliberations of the Energy Regulatory Commission concerning TURPE. There will therefore be no change in the regulated electricity tariff on 1er August 2024.

The Ministry now has 2 months to request further deliberations to the Energy Regulatory Commission on the development of TURPE.

Reminder

on 1er in february 2024, the price of electricity increased by 8.6% for the base rate and by 9.8% for the off-peak/full-time rate.

Please note

Several factors are taken into account when setting the price of electricity, including:

  • routing costs;
  • production, storage, supply and marketing costs;
  • taxes (routing tariff contribution, value added tax - VAT, electricity fraction).

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