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Electricity: without aid, prices could soar by 84% for companies in 2023, according to INSEE

2023-02-02T08:35:53.512Z


Industry and agriculture are the most affected: in these sectors, "in 2023, the increase in electricity prices would reach 92% excluding government measures", according to INSEE.


The selling prices of electricity to professional customers should increase by an average of 84% in 2023, or even double for the most energy-intensive sites, excluding government aid, according to an INSEE survey published on Wednesday.

These tariffs for professionals increased by an average of 21% last year, recalls the National Institute of Statistics, which raised producer prices for 2022 and questioned electricity suppliers at the end of December 2022 on their price forecasts for the year to come.

INSEE recalls the context: the economic recovery of 2021 after the pandemic has pushed up the prices of raw materials and energy.

The markets then took off in the summer of 2022 with the war in Ukraine and the difficulties of the French nuclear fleet.

At the end of the summer of 2022, half of the French nuclear fleet was shut down and the forecasts for recommissioning for the winter of 2022/23 were pessimistic, Russian gas deliveries were dwindling and causing fears on supply for the end of the year

", summarizes INSEE.

Read alsoThe great return of customers to EDF, driven by the rise in electricity prices

Electricity sold wholesale on the spot market or for instant delivery then reached “

an unprecedented level

” (+563.9% in August 2022 year-on-year).

For professional customers not covered by the regulated tariff, the surge was reflected from 2022 on the invoice or the new contract if the previous one expired.

Industry and agriculture most affected

In 2022, we have not seen a collapse in industrial activity which could be linked to energy prices

”, however, specifies to AFP Sylvain Moreau, director of business statistics at INSEE.

As for the impact on inflation in general, "

it's still hard to say, such an increase is unprecedented

," he adds.

By type of activity, industry and agriculture are the most affected: in these sectors, "

in 2023, the increase in electricity prices would reach 92% excluding government measures

", according to INSEE, after already +30% in 2022. Price increases should be barely less strong in the commercial tertiary sectors (+77% after +11%) and in the non-commercial sector (+66% after +26%).

Read alsoThe European electricity market does not lower prices

By intensity of consumption, customers who require more than 250 kVA of power will suffer the greatest shock, before taking into account public aid: very large industrial sites, hospitals, hypermarkets, large buildings, etc., for whom the price of electricity electricity will double (+101% on the C1 segment and +105% on the C2-C3 segments).

The bill will also increase by 80% for medium non-residential sites, business premises or bakeries that require power from 36 to 250 kVA, and by 38% for the last consumption class, sites with less than 36kVA at counter.

Source: lefigaro

All news articles on 2023-02-02

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