From December 1, the price of gas will see a significant increase, particularly impacting French people who heat with gas. What could be the alternatives to mitigate this increasing cost?
Tl;dr
- Gas price increase planned for December 1st.
- Factors for the increase: geopolitical context, heating season and drop in Russian gas exports.
- Tip to protect yourself from the rise: fixed price gas contract.
A more expensive winter for French consumers
The respite was short-lived for French households. On December 1, a new increase in gas prices will come increase the bills. This increase, which occurs in the middle of winter, risks weighing on the budget of homes that heat with gas.
A recurring increase in prices
After an increase in October, the Energy Regulatory Commission announces a new increase of +2.5% on average for December 1st. This is the sixth increase of the year. The price of a kilowatt hour will increase from 0.1093 to 0.1124 euros. For hot water and cooking, the cost of gas increases by 2.2%, or 0.1413 euros/kWh.
The reasons for this increase
Several factors explain this increase. The current geopolitical context, notably the war in Ukraine, is impacting gas supplies. Another element: the heating season has started, leading to a strong demand for gas and consequently an increase in prices.
Finally, the drop in Russian gas exports is leading the European Union to increase its imports of Liquefied Natural Gas, resulting in price instability.
Editorial opinion
Faced with these incessant fluctuations, it is more necessary than ever to think about sustainable alternatives for heating. Renewable energies, although requiring an initial investment, can represent a more economical and environmentally friendly long-term solution.
