2023-10-31 13:44:00
In September, the exceptionally warm weather allowed the markets to remain stable and “gain” a month in terms of strategic reserves. As a result, prices had fallen significantly for supplier rates in October for both gas and electricity. Some have also opted to stay with a variable contract, which is currently cheaper than a fixed contract. But this time we can assure that those who try it for the month of November will burn their fingers.
Luminus once once more singled out and sanctioned: the supplier is fined for “deceptive commercial practices”
The month of October was particularly tense on the markets. The price of a megawatt hour of gas has increased sharply for two reasons: geopolitical tensions linked to the Israeli-Palestinian conflict as well as the leak on the Balticconnector gas pipeline, which connects Finland to Estonia. We therefore went to a megawatt hour at €36 at the beginning of October to more than €50 this Monday. This will be felt when supplier prices are updated at the beginning of November. This is therefore the last moment to switch to fixed before winter, during which we announce that prices will remain around €50 to €55 per megawatt hour.
What regarding fuel oil? The situation is rather stable on the markets, but the price of a barrel of oil remains high. “I think we have reached a market equilibrium point around 80 to 95 dollars per barrel,” estimated Damien Ernst a few days ago. The official price of a liter of fuel oil was set at €1.044 this Monday morning. That’s more than 40 cents less than a year ago, but it’s also almost 30 cents more than last May. We can’t imagine prices dropping in the coming weeks. If you need to stock up, it is advisable to only order what is strictly necessary to get you through the winter.
Finally, for firewood and pellets, it is recommended to compare offers. The price of wood varies greatly from one region to another, and some even go as far as France to obtain supplies. For pellets, prices remain higher than in 2020 or 2021, but we are far from the peak of autumn 2022.
How the Israeli-Palestinian conflict might revive the energy crisis: “2024 will be the year of all dangers”
1698766062
#Energy #switching #fixed #contract #moment #sign #acceptable #price
