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France’s Gas Reference Price Drops 4.8% for June

The drop stems from April’s cheaper wholesale gas.

Overview

  • France’s energy regulator CRE said Monday the monthly gas benchmark will be €152.86 per MWh in June, down from €160.54 in May, trimming bills by about €1.26 on average.
  • Roughly 6 million households on contracts tied to this monthly guide price will see the change, while customers on fixed‑price deals are not affected.
  • The benchmark follows market prices with a one‑month lag, so April’s roughly 9% fall in the Dutch TTF—the European gas reference—pulled June’s figure lower.
  • The cut follows a 15.4% jump on May 1 that added about €6.19 to indexed bills, and the June level still sits close to 10% above pre‑war norms.
  • A separate increase to gas transmission fees takes effect July 1, with the CRE saying the 5.87% hike will lift household bills by about 1.5% on average regardless of market swings.