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Electricity: the cost explodes for the State

2021-12-02T19:01:22.389Z


Limiting the increase in the price of electricity to 4% in 2022 could cost up to 12 billion euros. It is a promise that will cost two to three times more than expected. Prime Minister Jean Castex made a commitment at the beginning of September to limit the increase in the regulated electricity tariff (TRV), marketed by EDF, to 4% next February during its annual update. Without this, he said at the time, retail prices would increase by 10%, because of soaring electricity prices on European whole


It is a promise that will cost two to three times more than expected.

Prime Minister Jean Castex made a commitment at the beginning of September to limit the increase in the regulated electricity tariff (TRV), marketed by EDF, to 4% next February during its annual update.

Without this, he said at the time, retail prices would increase by 10%, because of soaring electricity prices on European wholesale markets.

This promise, assessed the government in September, was to cost the state no less than 4 billion euros.

It turns out that the increase in the TRV will be much more violent than expected.

According to industry experts, it will rise between 20% and 25%.

To keep its promise and protect the French against soaring electron prices, the government will therefore have to pay much more than expected.

Experts in the sector now quantify the pledge at 12 billion euros, the equivalent of the annual budget of Justice.

Within the executive,

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Source: lefigaro

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