Bruno Le Maire, Minister of Economy, stated Monday that the “tariff shield” for electricity won’t result in a catch-up on bills next year.
The government was faced with an unprecedented rise in electricity prices and had taken the initiative to limit the increase to bills to 4% by 2022. This will be a costly measure. Bruno Le Maire, a reporter, stated that there will be additional financing needed in 2023 […] to cover the increase in electricity prices. . He said that this increase will be funded by the “finance bill” which he would review at the beginning of the next schoolyear, in October 2023. To add:
Consumption, Housing and Living Environment (CLCV), a consumer association, had warned previously that the tariff shield this year could just be a “mirage”. It based its fears upon a recent Commission of Energy Regulation (CRE), which elicited an increase of about 8% in electricity prices for households. Details “Le Parisien”, Monday. This is a serious blow in the face of rising inflation. In a press release, the association stated that such a catch up is “very likely to induce an stratospheric increase in the price of electricity in early 2023”.
Bruno Le Maire assured Bruno Le Maire that he would continue to protect France from the rise in electricity and gas prices “in 2023”, although it was too soon to provide details. .
