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Increase in the electricity rate: what changes on February 1

Arover by Arover
January 31, 2023
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Increase in the electricity rate: what changes on February 1
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Yet another bad news for the portfolio of the French. Already impacted by the increase in the price of gas or tolls, against a backdrop of general inflation and stagnating wages, our compatriots will see their electricity bill soar from Wednesday 1 February.

Why a 15% increase?

Regulated electricity prices will go up 15%, but it could have been worse. In fact, this increase is limited at this stage due to the tariff shield put in place by the government and which theoretically prevents this bill from growing by almost 100%, according to a scale published by the Energy Regulatory Commission (Cre) .

Who is concerned in France?

20.54 million households and 1.45 million small professionals are affected by this price increase, as well as Corsica and Overseas. Note that New Caledonia and Polynesia are “spared”, as these regions benefit from their own rates. For customers who do not want to change their monthly payments, an adjustment will be applied at the end of 2023.

Until when will this protection apply?

Set up in 2021, the tariff closure has already been extended for the first time until January 31, 2023. The government has decided to renew the system until June 30, 2023, at least, due to the current situation (war in Ukraine, inflation, Covid-19, etc.). On February 1, 2022, the government had limited the revaluation of the price of electricity to 4% thanks to this same device. The protection therefore wanes.

Is it better with our neighbors?

Yes and no. While some Eastern European countries are better off, such as Poland or Croatia, EuroStat data show that in 2021, the price per kilowatt hour of electricity was lower in France (€0.19 ) than in Italy (0.22), Spain (0.23) or Germany (0.31). And if the tariff shield makes it possible to maintain them at around €0.24 in France, some of our close neighbors will be less protected. It is estimated that these rates should be €0.53 in Italy, €0.58 in Belgium or €0.66 in Germany.

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