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Gas: Engie's regulated tariffs increase by 1.1% in May

2021-04-27T21:45:28.167Z


This increase is explained in particular by the increase in the prices of liquefied natural gas, indicates the CRE in a press release.


The regulated gas sales tariffs applied by Engie will increase by 1.1% on May 1, a consequence of the rise in world prices, following in particular the blocking of the Suez Canal, the regulator announced on Monday.

Read also: Engie notes its exit from coal by 2027

This tax-free increase is “

0.3% for customers who use gas for cooking, 0.7% for those who have dual use, cooking and hot water, and 1.2% for households which are heated with gas,

”explains the Energy Regulatory Commission.

This increase is explained in particular by the rise in the prices of liquefied natural gas (LNG) "

following strong demand in China and India and by the blockage of the Suez Canal at the end of March through which 8% of the world's LNG passes

", indicates CRE in a press release.

"

Highly solicited by a cold winter that continues

"

She also notes that the level of European gas storage is lower than usual at this time of the year: “

they were heavily used by a cold winter that continues, with temperatures below seasonal standards in April.

".

Regulated gas sales tariffs will disappear on July 1, 2023 and Engie has already ceased to market new contracts of this type. But nearly 3 million households still subscribed to it at the end of March.

Source: lefigaro

All news articles on 2021-04-27

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