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LEAD 1-CRE proposes an increase in electricity prices of 5.9%



(Updated with Feedback from the Ministry of Ecological Change, §§2, 6-8)

The Energy Regulatory Commission proposes to the government to increase regulated electricity tariffs by 5.9% by 1 March, a spokesman for the French government said on Thursday. CRE.

The administrative body must discuss on February 7th.

This increase, which is the highest in recent years, would affect all those who subscribe to the Blue EDF (25.6 million households) and small professionals (3.2 million).

Without tax, this increase would be 7.7%.

In the midst of the "Yellow vest" crisis, launched in November on purchasing power, the government announced in December that electricity and gas prices will not rise in the winter.

The Ministry of Ecological Change, which joined Reuters, reiterated this commitment.

Executive Director "confirms that he will use the deadlines set by the law to protect French households, especially the smallest ones, from the excessively high increase of their electricity bill in times of high consumption," says the ministry.

"If this were to be confirmed, the increase in rates (…) would be due in particular to rising wholesale prices of electricity and also to an increase in electricity prices, reflecting the tensions on security of supply," he adds.

EDF Chief Executive Jean-Bernard Lévy said in December that electricity costs should be transferred to French households at some point in time.

EDF competitors have regularly attacked the Council of the State, where the rate has frozen in recent years.

Geert de Clercq, Jean-Michel Belot and Elizabeth Pineau,
Simon Carraud, released by Bertrand Boucey


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