Gas is one of the most popular sources of energy in France. Millions of French households depend on this element for heating and cooking. Unfortunately, after its price has experienced some stability, it will experience an increase soon. Here are the new prices.
Like electricity, gas is a energy Source on which many French people depend. According to the Energy Regulatory Commission (CRE), nearly 11 million households use it daily. Unfortunately for these families, the price of gas is rise since the beginning of May and rates are about to climb again for June. Wondering what to expect? We reveal the new benchmark price for gas.
Everything you need to know about gas pricing
Categories of gas users
Gas does not have the same use in all homes. Some households subscribe to packages supply to ensure their thermal comfort, while others only need it for cooking. It is for this reason that suppliers distinguish the cooking/hot water package from the heating package with different consumption levels. Moreover, their clientele, residential consumersis divided into two categories: fixed rate households and variable rate households.
Price variation
The price of gas has been constantly changing since June 30, 2023 with the end of regulated sales prices. Since then, gas prices have changed every month for variable rate offers. This is the benchmark price which is a reference which serves as a compass for consumers to choose their suppliers. One effect, the latter have the latitude to set their price taking into account numerous parameters. This variation does not concern households subscribing to fixed rate offers.
The Energy Regulatory Commission (CRE)
It is the Energy Regulatory Commission (CRE) that is responsible for setting the benchmark price gas sales. The organization takes many factors into account to establish an average estimate of recorded costs for gas to residential customers. These are wholesale market prices, storage requirements and transportation requirements, as indicated MoneyVox. This commission makes the difference between the hot water cooking package and the heating package to set its indicative prices per kilowatt hour.
The new gas prices from 1er June
The components of the benchmark price
The benchmark price set by the CRE includes a fixed component and a variable component. The fixed part represents the cost ofsubscription and the variable part represents your consumption. It’s this part that catches the attention. After recording declines since the start of the year, it increased by 1.7% in May. From 1er Next June, the benchmark price will increase by 1.8% compared to that of this month. The price of cooking/hot water increases to 91.4 euros and that of heating at 89.4 euros.
Supplier prices
Taking into account the costs linked to transport and storage, the prices charged are not the same among all suppliers. This disparity is also verified at the level of invoices consumers. The geolocation of households, depending on the LNG port, affects pricing, as indicated by Capital. In fact, the closer you are to the Source, the lower your energy costs. In addition, charges are minimized by the supplier for your supply.
The importance of the benchmark price
Thanks to CRE benchmark prices, individuals have the opportunity to better choose their supplier. Among them, some have competitive prices, since they index their prices to the benchmark price. It is to these that it is recommended to turn to obtain the offer best suited to your needs. Otherwise, you have the option of subscribing to a fixed rate offer.
