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Modest growth of EDF's competitors in the electricity market

2021-03-25T15:13:34.498Z

Alternative suppliers continued to gain market share in the supply of residential electricity, despite the health situation.



EDF's competitors made slight progress on the French electricity market in the last quarter of 2020, according to the report of the Energy Regulatory Commission (CRE) published on Thursday.

"

CRE notes that competition continued to develop in the 4th quarter of 2020 despite a complicated health situation

", she believes.

Read also: EDF reform: reflections on a plan B

Concerning the 33.4 million residential electricity customers, the market share of alternative suppliers thus increased slightly to 28.3% at the end of December against 27.5% at the end of September.

Since 2007, all consumers have been able to choose their electricity or gas supplier.

Individuals can subscribe to EDF's regulated sales tariff (TRV) (for electricity) with prices set by the public authorities or to market offers, at free prices, sold both by the incumbent operator and by dozens of competitors: Engie, Eni, Total, Vattenfall etc.

At the end of December, 22.8 million residential electricity customers were on TRV, compared to 23 million at the end of September.

Among the 10.6 million in market offer, 9.4 million were with alternative operators.

The consumer association CLCV recently deplored the “

failure

” of the opening up of the electricity market, underlining the absence of innovation and significant tariff cuts, but also the proliferation of deceptive commercial practices.

Read also: Ten years later, EDF continues its monumental project to secure the nuclear fleet

The end of the year was also marked by the partial disappearance of regulated sales tariffs for professionals.

This deadline went smoothly over most of the territory,

” notes CRE.

On the gas side, out of 10.7 million residential sites, 37.4% were with alternative suppliers other than Engie at the end of December, against 36.2% at the end of September.

Gas TRVs are due to end on July 1, 2023 for residential customers and Engie has already stopped selling them.

Source: lefigaro

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