The tariff shield has never lived up to its name so well. In its proposals to increase the regulated electricity rate, the Energy Regulatory Commission (CRE) recommended in mid-January an average increase of 99.22% including tax applicable as of February 1, 2023.
In detail, this increase should reach 99.36% taxes included, or 175.41 euros per MWh without taxes for residential blue rates and, for professional blue rates, +97.94%, or 177.52 euros/MWh without taxes. . These strong increases are explained “on the one hand, by the very high price of wholesale gas prices, and on the other, by the expected low availability of the French nuclear fleet.”
compensation calculation
This rate cataclysm that should have doubled the electricity bill will not occur. There will be an increase, but it will only be 15% with taxes included thanks to the tariff shield established by the government. The 2023 finance law authorizes you to reject proposals for increases of more than 15% with respect to rates as of December 31, 2022. This measure will cost 5,000 million in 2023 in addition to the 11,000 million for gas, that is, a total of 16,000 millions of euros.
If this proposal is not implemented, it will not be totally ignored. “It will serve as a reference for calculating the remuneration charged to the State budget to providers that deliver clients to TRVE (EDF and ELD) and to other providers that offer market offers.”
Source: BFM TV
