Electricity Bills for 24 Million French Households to Drop 15% on February 1
The first reduction in a decade comes as wholesale energy prices fall, though rising taxes and distribution costs offset some savings.
- The Commission de Régulation de l'Énergie (CRE) confirmed a 15% average reduction in regulated electricity tariffs starting February 1, 2025, benefiting 24 million households.
- This marks the first tariff reduction since 2015, driven primarily by a significant drop in wholesale electricity prices after years of increases during the energy crisis.
- The reduction applies to 20.4 million EDF 'tarif bleu' subscribers and 4 million households with offers indexed to regulated tariffs, though 10 million on market-based contracts may see varied impacts.
- The end of the government's energy price cap (bouclier tarifaire) brings higher taxes and distribution fees, partially offsetting the tariff decrease for consumers.
- Savings will vary by household size and energy use, with estimates ranging from €107 to €651 annually, depending on consumption patterns.