Groupe E will increase its gas prices by a fifth in July

Groupe E announced on Monday its intention to raise its gas prices for the second half of 2022. The increase of 1.833 ct./kWh which will be introduced on July 1 will apply to all of the company’s residential and industrial customers. .

In a press release, the Friborg energy company deplores this adjustment due to the sharp increase in market prices due to ‘uncertainties around geopolitical issues linked to the conflict in Ukraine’, while stressing that its good cost control has made it possible ‘to’ mitigate the impact on bills of the recent surge in gas prices, without however being able to fully offset it’.

As an indication, a household will see its charges increased by 26 francs per month on average, i.e. a 21% increase in its heating bill, specifies Groupe E, indicating that the increase is also applicable to district heating networks using gas. as backup energy.

Just last week, during the presentation of the annual figures, the director general Jacques Mauron told AWP that concerning gas, ‘we are very dependent on what will happen between the European Union and Russia’ and that a risk of shortage for next winter might not be ruled out.

Revenue from this segment, which represents around 10% of the group’s turnover, is down, excluding price increases, and sales will “decrease in the coming years”, in favor of district heating networks, had indicated the boss of Group E.

/ATS

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