As of August 1, electricity prices will increase by 10%. The average increase should be 160 euros per year according to the calculations of the Ministers of Economy and Energy Transition. But heavy consumers will see their annual bill rise by 278 euros.
Bad news in the middle of the summer holidays. After the 15% increase in the regulated sales tariff (TRV) in February 2023, the price of electricity will rise again by 10% on 1 August. Forced by its desire to reduce public spending, the government has chosen to refer the matter to the Higher Energy Council, even if it means undermining the purchasing power of the French.
And if the Energy Regulation Commission (CRE) recommended, on the basis of market prices, an increase of 75%, the average increase should be 160 euros per year according to the calculations of the Ministers of Economy and Energy transition.
More of 13 euros per month which are added to 20 euros monthly on average more countries at the start of the year. In total, the hour of the accounts, households will have paid almost 400 euros more in 2023 on their electricity bill. In detail, HelloWatt, which advises households to improve their daily consumption, shows that the effects will be different depending on the contract taken out and the use.
Heavy consumers can take advantage of off-peak hours
A home that consumes little (2400 kWh/year) will see its final bill increase by 50 euros, or just over 4 euros per month. But for households with 100% electric homes, the bill will be salty: + 278euros per year for a total of 3244euros. And this increase is perhaps contained in the simulation below by the choice of a contract called peak hours – off-peak hours.
10.7 million EDF customers have subscribed to this option favorable to heavy consumers, compared to 11.8 million for the standard option called Base. But for lower your bill, certain energy-intensive appliances (dishwashers, washing machines, dryers) must be operated during off-peak hours. Ideally, you should have programmable equipment or be present at your home during the day.
How the 10% increase in TRV will weigh on household bills
| Small consumption (2400 kWh/year) – basic 6 kva package | Apartment all electric (8500 kWh/year) – basic package 9 kva | House all electric (14000 kWh/year) – 9 kva HPHC package | |
|---|---|---|---|
| Annual invoice before the rise | 638 euros | 1931euros | 2966 euros |
| Annual invoice after the rise | 688 euros | 2106 euros | 3244 euros |
| difference | + 50 euros | + 175 euros | 278 euros |
| Variation | 8% | 9% | 9% |
Source: HelloWatt
We also remember that last February, behind the average increase of 15%, gaps had appeared. According to calculations by the start-up Lite, on the basis of 41,000 customers, the average increase was 15.74%, or 184 euros more per year, with strong disparities.
Besides, customers of EDF’s Base offerwho pay the same price per kilowatt hour at all hours of the day and night, saw the bill rise by 16.54% against 15.04% in peak hours – off-peak hours since the tariff excluding tax for the off-peak hour does not only increased by 9.86% against 21.01% for the full hour.
Fixed offers that protect against increases
If the 10% increase from August 1 concerns customers at the EDF regulated tariff, but also those whose contract is indexed to this price with alternative operators such as TotalEnergies, consumers who have chosen a fixed price offer are protected. Thanks to it, the kilowatt-hour price is blocked for 12, 24, 36 or even 48 months. These offers, which can be canceled free of charge and at any time, are few on the market, often more expensive at the time of subscription, but protective of future increases over time.
If, according to an executive source quoted by Reuters, there will be no new increase before February 1, 2024, the end of the tariff shield is triggered by 2025. Last Thursday on RTL, the Minister of Public Accounts, Gabriel Attal, recalled the need to save money. The government won, at the end of last year, 110 billion euros between 2021 and 2023 the cost of the energy shield for households, communities and businesses. The progressive end of tariff shields on electricity and gas would represent almost 14 billion euros in savingsaccording to its projections.
Samuel AUFFRAY
After studying political science at Paris 2 and journalism at the CFJ, Samuel Auffray worked for L’Obs in the field of… Read more
MoneyVox / SA / July 2023