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Gas: Regulated prices increase

02/08/2021
Categories: Sectors

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After an increase of almost 10% last July, the rise in gas prices continues at 5.3% on August 1st. In question, the sharp increase in prices at the global level, driven by the economic recovery.

The new increase in regulated prices excluding tax for natural gas, which takes place on August 1, is due to the rise in prices worldwide. Knowing that 99% of the gas consumed in France is imported, the bout of fever inevitably affects the bills of private individuals, at least those who are still under regulated tariffs. After an initial increase of nearly 10% on July 1, the increase was 5.3% on August 1.

Global gas demand is at an all-time high. The economic recovery, particularly in Asia, is pushing its consumption. The regulated tariff is set by the public authorities following a proposal from CRE. This rate can change every month, upwards or downwards, or remain the same. The calculation formula which determines its evolution is based on supply costs, wholesale gas market prices, transmission and distribution costs.

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