Electricity prices, receipts … what changes this Tuesday, August 1

2023-07-30 09:33:02

Say goodbye to the printed receipt

After two reprieves due to price swings in stores, the end of the systematic printing of paper receipts comes into effect on 1is August, despite still high inflation. This measure, which also concerns credit card receipts, is taken in the name of ecology. But it is rightly criticized by some who recall that receipts are a tool for managing the family budget of many households, making it possible to verify the accuracy of the amount of the transaction.

Read alsoEnd of the systematic printing of the receipt on August 1st: this time, it’s the right one

In fact, the receipt will not disappear: customers who wish can always ask for its printing, to remove a doubt about a price for example. And in some cases (restaurant, hotel, hairdresser, garage, etc.), printing remains mandatory.

10% increase in regulated electricity prices

This is the bad news of the summer for the portfolio of French households. Consumers will have to face a further 10% increase in regulated electricity prices from 1is august. It will apply to households as well as small businesses and reflects the government’s desire to gradually reduce the “tariff shield” to ease the pressure on public finances.

The shield will thus be less protective since it will only cover a third of the consumer bill (37% against 43% previously). A “proportionate decision”, judged the Head of State during an interview Monday, July 24 at 13 Hours of TF1 and France 2, recalling that the “taxpayer pays what the consumer does not pay”.

Read alsoGas and electricity: why their prices are closely linked

This increase is in addition to the 15% increase in force since February 2023, after +4% in February 2022. Since 2021, the regulated tariff, on which some 23 million electricity subscribers depend (out of 34 million), will have therefore increased by 31%.

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LEP ceiling raised

Another change, on the savings side this time. The ceiling of the People’s Savings Book (LEP), reserved for the most modest households, goes from 7,700 euros to 10,000 euros, while its interest rate drops to 6%, against 6.1% previously.

As for the Livret A, its rate is maintained at 3% despite the increase recommended by the formula for its calculation, the authorities having decided not to revalue it on 1is august.

Read alsoThe three reasons behind keeping the Livret A rate at 3%

Back-to-school allowance

This year, the back-to-school allowance (ARS) is also increased by 5.6% compared to those paid last year. Between 398.09 and 434.61 euros, the ARS will be paid from 1is August, in Mayotte and Reunion, then on August 16 in mainland France, Guyana, Martinique and Guadeloupe.

The ARS, conditional on household resources, is aimed at families with children aged 6 to 18, educated in a public or private establishment, in apprenticeship or cared for in a specialized reception establishment. It is intended to help with the purchase of school supplies, equipment, clothing, etc.

(with AFP)

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