Energy Firms Accused of Misusing Renovation Aid Face Limited Penalties
Five companies, including TotalEnergies and EDF's Dalkia, are accused of exploiting energy-saving certificates, but sanctions remain minimal.
- France's Energy Minister Olga Givernet accused five energy companies, including TotalEnergies and Dalkia, of misusing the Certificates of Energy Savings (CEE) program designed to fund energy-efficient renovations.
- The alleged fraud involved overstating energy consumption and savings to inflate the value of certificates, which could then be used to meet regulatory obligations or traded for profit.
- Only one company, Hellio Solutions, faces a financial penalty of €2.4 million, while other firms, including TotalEnergies, have only had certain certificates annulled without monetary fines.
- TotalEnergies and Dalkia deny the allegations, with TotalEnergies claiming the annulled operations were based on data certified by state-accredited auditors and insisting on their commitment to zero tolerance for fraud.
- The CEE program, a key tool in France's energy transition efforts, has faced criticism from the Cour des Comptes for vulnerabilities to manipulation and cost burdens passed onto consumers.