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Fluctuations in gas prices have become a major concern for many households. After a period of respite, households must now face a new price increase from July 1. This increase is mainly due to an increase in the “routing rate”, which finances the maintenance of the network by GRDF. While this price represents a quarter of the total invoice, it is crucial to understand the different elements that influence this situation and what it means for consumers.
The impact of the delivery rate on your invoice
The “routing rate” is an essential element of the gas bill, representing around 25% of the total for households. This part of the invoice is intended to finance the maintenance and development of the distribution network, managed by GRDF. Despite a stable number of subscribers, the overall consumption of gas has decreased. Indeed, it went from 474 terawatt hours three years ago to 361 terawatt hours last year. This drop in consumption results in increased pressure on routing rates, as GRDF’s remuneration is based on the amount of gas consumed. Paradoxically, while less gas is consumed, the maintenance costs of the network remain high, thus justifying the increase in the price.
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KWH price variability
Although the CRE “benchmark rate” has increased by 6%, it is important to note that this does not mean that all invoices will increase by 6%. Each gas supplier has the freedom to set their own prices, which can cause significant variations for consumers. According to the CRE, the average increase for a residential consumer will be around 1.4%. However, it is essential to verify the conditions of your contract, especially if the price is said to be “fixed”. Certain contracts provide for repercussions of the routing rate, which could lead to an unexpected increase in the invoice.
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Geopolitical issues and world courses
International tensions, especially between Israel and Iran, have a direct impact on the energy markets. The Strait of Ormuz, by which 20% of global liquefied gas transit, is at the heart of concerns due to the risk of closing. This situation could lead to a new KWH prices increase, despite a recent drop in world prices by 8% in June. Consumers must therefore remain vigilant in the face of these geopolitical developments, which can quickly influence their gas bill.
Upcoming tax changes
From August 1, gas VAT will drop from 5.5% to 20%, a significant increase that could weigh heavily on household bills. Although the State plans to reduce a consumption tax to compensate for this impact, this measure will not benefit everyone. Small consumers, in particular, could see a significant increase in their bill. This situation raises questions about the equity of pricing policies and on support measures for the most vulnerable households.
Faced with these multiple factors influencing gas prices, it is crucial for consumers to remain informed and adapt to market developments. What strategies could be implemented to better manage consumption and energy costs in the future?
The author relied on artificial intelligence to enrich this article.
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