LEP down, electricity up… The 3 money news not to miss on February 1st

A falling LEP rate; a little advice for reacting to the increase in electricity; the cheapest banks to borrow money… Here is a summary of the articles published today on MoneyVox

The bad news of the day: electricity up, LEP down

This February 1st will not go down in history as a good day for our budgets. We have definitively said goodbye to the price shield: regulated electricity prices have increased today, from 8.6% to 9.8% depending on the type of contract! Punishment also for motorists: motorway pages increase on average by 3%. And, to make matters worse, the LEP rate is falling, while that of the Livret A stagnates even though it should have increased. Here, in summary, are the 4 bad news of the day for your money.

SIMULATOR. Livret A: find out what you are losing from February 1 with the 3% rate freeze

Tip of the day: pay attention to your monthly payments with the rise in the price of electricity!

Are you making monthly payments? The increase in electricity prices will not have an immediate impact on what you pay each month. On the other hand, you risk ending up with a very dirty regularization invoice in some months. To avoid this scenario, you do not have 36 solutions. You can try to reduce your consumption in proportion to the increase in prices; attempt to find a cheaper alternative supplier; or immediately increase the amount of your monthly payment. How do we do it? Here is the recipe.

Electricity: the tip to avoid the new increase in the EDF regulated tariff on your bill

Vincent MIGNOT

Vincent MIGNOT

After a master’s degree in History then a master’s degree in Information and Communication Sciences, Vincent MIGNOT became a journalist in… Read more

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MoneyVox / VM / February 2024


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