The Delegate Minister of Public Accounts, Gabriel Attal, confirmed this Thursday during an interview on RTL that the Government will “gradually” end, by the end of 2024, the tariff shield on energy prices introduced to combat inflation, clearing up any doubt. about its possible extension in 2025.
“It will not happen all at once, all at once,” he specified, but that means “that by the end of 2024, particularly in the electricity tariff shield, we will gradually get out of it.”
Economy Minister Bruno Le Maire announced in April that the price shield that limits electricity prices for individuals would be in place until early 2025.
Budget savings of 5 to 6 billion euros
On Tuesday, three economists from the Council for Economic Analysis (CAE) had recommended in a note to quickly end the tariff shield on electricity prices for the richest households in order to reduce their cost and promote energy sobriety, “given its weight for public finances”. .
Excluding the 20% of the richest households from the shield could thus allow “budget savings of between 5,000 and 6,000 million euros”, estimates Xavier Ragot, one of the authors of the report.
On the other hand, “the most modest would continue to benefit from the support,” the CAE had recommended, referring to the distribution of an energy check to the most modest homes.
According to estimates by the Energy Regulatory Commission, electricity prices would have jumped 35% in 2022 and 100% in 2023 if the tariff shield protective device had not existed. The government estimated at the end of 2022 at 110,000 million euros between 2021 and 2023 the cost of the energy shield for homes, communities and companies.
Source: BFM TV
