Cash receipts, electricity prices…: what changes on August 1

by time news

2023-07-30 11:01:00

From this Tuesday, receipts will no longer be compulsory, the regulated electricity tariff will increase and the ceiling of the popular savings account raised.

By HR with AFP The automatic receipt is almost over. © ROMAIN DOUCELIN / Hans Lucas / Hans Lucas via AFP Published on 07/30/2023 at 11:01 am

Subscriber-only audio playback

From this Tuesday, August 1, several elements are modified in the daily life of the French. The latter must say goodbye to the systematic printing of the paper receipt. Regulated electricity tariffs will increase by 10% with the end of the tariff shield. In the radius of the best news, the ceiling of the popular savings account is revised upwards as is the back-to-school allowance.

Say goodbye to the printed receipt

After two reprieves due to price swings in stores, the end of the systematic printing of the paper receipt comes into force on August 1, despite still high inflation.

READ ALSOInflation: food will continue to weigh, at least until June

This measure, which also concerns credit card receipts, is taken in the name of ecology. But it is criticized by some who recall that receipts are a tool for managing the family budget of many households, making it possible to verify the accuracy of the amount of the transaction.

In fact, the slip will not disappear: customers who wish can always ask for its printing, to clear up a doubt about a price for example. And in some cases (restaurant, hotel, hairdresser, garage, etc.), printing remains mandatory.

10% increase in regulated electricity prices

Consumers face a further 10% increase in regulated electricity prices from August 1. This increase, which will apply to households and small businesses, reflects the government’s desire to gradually reduce the tariff shield to ease the pressure on public finances.

With this new increase, the shield will be less protective since it will only cover a third of the consumer bill (37% against 43% previously). This increase will be added to that of 15% in force since February 2023, after + 4% in February 2022.

Since 2021, the regulated tariff, on which some 23 million electricity subscribers depend (out of 34 million), will therefore have increased by 31%.

LEP ceiling raised

The ceiling of the popular savings book (LEP), reserved for the most modest households, goes from 7,700 euros to 10,000 euros, while its interest rate drops to 6%, against 6.1% previously.

As for the livret A, its rate is maintained at 3% despite the increase recommended by the formula for its calculation, the authorities having decided not to revalue it on August 1.

READ ALSOPanic in the banking sector: risks to your savings?

Back-to-school allowance

The back-to-school allowance (ARS), on the rise this year, is paid from August 1, in Mayotte and Reunion, then on August 16 in mainland France, Guyana, Martinique and Guadeloupe.

The ARS, subject to household resources, is aimed at families with children aged 6 to 18, educated in a public or private establishment, in apprenticeship or cared for in a specialized reception establishment. It is intended to help with the purchase of school supplies, equipment, clothing, etc.

Between 398.09 and 434.61 euros, depending on the age of the child, the amounts of the ARS have been revalued by 5.6% compared to those paid last year.

#Cash #receipts #electricity #prices #August

You may also like

Leave a Comment