2024 Electricity Price Increase: Impact, Response, and Consumer Advocacy

2024-01-17 12:11:22

From February 1, 2024, electricity prices will increase. An increase caused in particular by that of the electricity tax which was at its minimum rate until then, as well as by the end of the tariff shield. This Tuesday, Emmanuel Macron was questioned on the subject.

During his conference which took place in the village hall of the Elysee Palacethe French President was questioned regarding the increase in electricity prices in 2024. He then indicated that “ the price will return to normal » of European countries and that there will remain “ substantially lower than what is paid in Germany, Spain, Italy “. On the other hand, Emmanuel Macron did not comment on a possible capping or maximum increase. In fact, he indicated that it was up to the government to make announcements on this subject.

UFC-Que Choisir denounces the announced increases in electricity prices

Last December, following the use of 49.3, the government announced the increase in electricity prices. Although the Minister of the Economy, Bruno Le Maire, had previously announced that it would not exceed 10%, bills might soar by almost 130 euros on average per year. This increase is not only linked to that of prices on the wholesale energy markets, but also to the reestablishment of the domestic final consumption tax on electricity (TICFE). As a reminder, this tax was temporarily reduced to its minimum rate when the tariff shield was applied.

Through a press release published on its site, Friday January 12, the consumer association UFC-Que Choisir spoke out once morest the announced increases in the electricity bill for the year 2024, the first of which should take place on January 1 FEBRUARY. “ The UFC-Que Choisir today denounces the prospect of a new increase in the price of electricity of 10% on February 1, without link to the real costs of electricity production in France, and is alarmed by the dramatic consequences that it would have on households “, she warns. Faced with this increase in electricity prices in France, the consumer defense association also emphasizes the consequences that this decision can have on households, particularly the most modest. In addition to denouncing, UFC-Que Choisir is calling for these increases to be frozen, or at least to be capped at 2.5%, which would roughly represent the inflation expected in 2024.

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