How can we explain this new increase? The election of Donald Trump has given rise to some uncertainties over deliveries of American gas and oil in the years to come. More than ever, Europe must try to find solutions to ensure its energy independence.
And then, the war in Ukraine continues to have a yo-yo effect on the markets. Austria, which still supplies itself mainly with Russian gas, fears a halt in deliveries from Gazprom in the coming months, which caused prices to rise last Thursday. “Several Central European countries are still supplied by Russia despite the conflict. This gas is supplied via a pipeline that crosses Ukraine and the transit contract expires at the end of this year“, recalls Belga.
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So what to do with your energy contract? Today, a fixed contract costs around €200 more on an annual basis compared to last March, indicates Test-Achats, which also explains that the price difference is diminishing between fixed and variable contracts, and this is good news. “While a family with average consumption of electricity and gas had to pay around 350 euros more per year in recent months to benefit from the security of a fixed rate, this amount fell below 300 euros in November .“
If you have to sign a new contract, a variable formula seems, for the moment, the best option.
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