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If the year 2025 begins with its share of increases and bad news, the month of February will finally please millions of French people. Indeed, it will welcome a reduction in the Regulated Electricity Sales Tariff (TRVE) for a majority of consumers.
However, our colleagues at MoneyVox want to clarify things. The price of electricity will not fall for everyone. So, some French people could have a very bad surprise. In fact, their bill may even increase. We think of consumers who have a fixed or indexed price offer on wholesale markets.
Electricity: rising prices for some
The good news concerns customers who benefit from the TRVE or an offer indexed to this rate, for whom the electricity bill will fall thanks to the passing on of the reduction in prices on the wholesale markets. For the latter, the price of electricity will fall. This is obviously a welcome development, especially since prices have continued to increase since 2020.
However, those who have subscribed to a fixed price offer or linked directly to wholesale prices will have to face increases. Indeed, the latter will be the consequence of two factors. First, the increase in excise duty on electricity. Then, the increase in the Tariff for the Use of Public Electricity Networks (TURPE).
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Two factors that explain this increase
The excise on electricity, formerly called TICFE, is a tax applied to all electricity bills. During the energy crisis, the government significantly reduced this tax, from €32/MWh to just €1/MWh for individuals..
In February 2024, it was raised to €21/MWh. From February 2025, it will return to its level and reach €33.70/MWh. For a household consuming 8,500 kWh per year, this increase will represent an additional annual cost of €107.95.
For its part, TURPE, essential to finance the maintenance of the electricity network and remunerate managers like Enedis, will also experience an increase. The Energy Regulatory Commission (CRE) announces an increase of 7.7%.
Unlike excise, the impact of TURPE varies depending on the offersbecause this component represents between 20% and 30% of the total bill.
Electricity: a majority will benefit from a drop in prices
Despite these increases, consumers benefiting from the TRVE will see an average reduction of 14% on their electricity bill from February 2025. This reduction is possible by taking into account, in the calculation of the TRV, the recent drop in prices on the wholesale electricity markets.
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However, this does not mean that fixed or indexed offers on wholesale markets become less competitive. For several months, some suppliers anticipate wholesale price reductions. This is because they offer significant discounts on these types of deals.
Our colleagues at MoneyVox therefore advise, due to the adjustments, to check whether your electricity offer remains advantageous. The energy mediator offers a comparison tool which will be particularly useful in February.
It is up to you to analyze your electricity contract in order to optimize your expenses in the face of these price changes. But don't necessarily expect to benefit from this 14% drop. This depends on your electricity contract.
Source : MoneyVox
