Electricity, gas, fuels… why prices are not falling

by time news

Energy consumer prices are expected to rise by another 4.9% over one year, according to INSEE forecast figures for March. ESOlex/ stock.adobe.com

DECRYPTION – Neither individuals nor companies benefit from falling energy prices. Because their contract was signed before, and often for a year.

While the soaring gas and electricity prices seem to be behind us, this relative lull is not affecting the bills of customers, individuals or businesses. The price per megawatt hour (MWh) of electricity defined on a day-to-day basis on the spot market has been divided by nearly three in one year, to reach an average of 100 euros per MWh. That of gas, between 45 and 50 euros per MWh, is also far from its highest, at 300 euros per MWh last August.

This reflux is far from being felt on the bills of individuals and businesses. On the contrary, consumer energy prices should even increase by 4.9% over one year, according to INSEE forecast figures for March, after having jumped by 29.2% in March 2022.

This gap between the fall in so-called wholesale prices and the continued rise for consumers has several explanations. First of all, the drop in prices may seem significant, but it is far from sufficient to…

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