As gas prices hit record highs, the French consumer association UFC-Que Choisir has warned that electricity prices could rise 10% next year.

The Energy Regulatory Commission (CRE) sets regulated prices for electricity, which are regularly updated. This is the price you will pay if your electricity is supplied by EDF, but competing suppliers also use regulated prices as a benchmark when deciding their offers.

Based on CRE’s price calculation method, UFC-Que Choisir cited an increase in prices on the wholesale electricity market, where electricity is exchanged before being delivered to consumers, as an important factor in possible increases for consumers.

According to the UFC-Que Choisir, the average household using electric heating would see their situation deteriorate by 150 euros per year, more than the one-time subsidy of 100 euros promised by the French government to help low-income households to cope. rising energy costs.

Figures published by Le Parisien reveal that the costs for a four-person household using electric heating have already increased by almost 50% over the last decade, from 1,072 euros in summer 2011 to 1,553 euros in August 2021. If the last increase materializes, this will represent a 25% increase in the electricity bill since January 2019, according to UFC-Que Choisir.

Ref: https://www.ekonomico.fr