why the drop in prices on the wholesale market is not visible on your invoices
A very significant drop in electricity prices on the wholesale market. This is what Hello Watt’s latest study reveals. If the news is rather good at first glance, this reduction will not be reflected on the majority of your electricity bills. Explanations.
1000 euros per MWh in August 2022, compared to 1.69 euros on April 9, 2024 (1). The given relayed by Hello Wattan advice platform around the energy transition of homes, show a dizzying drop in electricity prices on the wholesale market.
This is the first time since the opening to competition in 2007 that there is such a gap between regulated prices and market prices, notes Sylvain Le Falher, the co-founder of Hello Watt.
Not necessarily a reduction in the bill
The problem is that those who have chosen an EDF offer at the regulated rate (or TRV), i.e. more than 21 million households as of September 30, 2023, will not see this price drop reflected immediately on their bill. The same goes for those who have an offer from an alternative supplier indexed to the TRV. In fact, the latter does not evolve in the same way as wholesale market prices. It is set twice a year, in February and August, by the public authorities, after a proposal from the Energy Regulatory Commission.
Mathilde SIRE
After training in journalism at the IUT of Lannion, Mathilde Sire worked in Ouest-France, as a freelancer for online media, press… Read more
