FRANCE ELECTICITY BILL RAISE 10% FROM AUGUST 1

The France Government phases out it's New price protection measures 

By Arun - ESIC

July 30, 2023,

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The average household with electric Bill May increase of around €160 per year,Taking annual costs to €1,800.

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The changes Will Struggle more than 20 million households.

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Also Affect 1.5 million small businesses.

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Prices were Initially limited to a 4% rise in autumn 2021.

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Then rose by 15% at the start of this year.

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Last Year 2022 Increased 35%, Without Government Intervention This Year It's 100%.

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The Government says that the price shield will be gradually phased out by the end of 2024.

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This is part of the government's wider fiscal policy to reduce public spending and debt.

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Abolishing the price shields for both gas and electricity will save around €14 billion by the end of 2027.

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The Suddent Increase Of Gas Price abolished in July.

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After the Consumers Objection The Goverment Sets a New Price.

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Thanks For Watching How Much EB Bill In Your Country? Stay Tune For More Updates.

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