Home Politics The electricity tariff shield will end at the end of 2024

The electricity tariff shield will end at the end of 2024

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The Minister Delegate for Public Accounts Gabriel Attal confirmed on Thursday July 13 during an interview on RTL that the government will put in place “gradually” The end of 2024 for the tariff shield on electricity prices that was introduced to fight inflation, removing doubt about the possibility of extending it in 2025.

“Once we have to save money, we must in particular get out of the specific systems that we put in place during the inflation crisis”And “This means that we will have to gradually get out of the energy tariff shield”said the minister.

sequel after announcement

“It won’t happen all at once, all at once”as specified, but that means “That by the end of 2024, especially on the electricity tariff shield, we will gradually get out of it”.

Exclude the richest families?

And the Minister of Economy, Bruno Le Maire, announced last April that the tariff shield that limits the price of electricity for individuals will continue until the beginning of 2025. On the other hand, he announced on this occasion that this applies to gas. Since the beginning of July.

Two centuries ago, our societies became addicted to fossil fuels

On Tuesday, three economists from the Council for Economic Analysis (CAE) recommended in a note ending the tariff shield on electricity prices for wealthier households quickly in order to reduce their cost while encouraging energy sobriety, “Given its weight in public finances”.

sequel after announcement

Thus, excluding the richest 20% of households from the shield could allow for this “To achieve budget savings of 5 to 6 billion euros”Xavier Ragot, one of the authors of the report. On the other side, “The most humble will continue to benefit from support”recommended the chief audit executive, urging the distribution of the energy check to the most modest households.

Shield worth 110 billion euros over two years

During his interview on RTL, Gabriel Attal expressed his interest in this “Put an end to this policy of exceptional controls which we have been able to place on such a subject for such a class of French people.”.

Electricity market: what will change with the new European rules

The Energy Regulatory Authority estimates that electricity prices would have jumped 35% in 2022 and 100% in 2023 had it not been for the Price Shield protection device.

At the end of 2022, the government estimated the cost of the energy shield to households, societies and companies at about 110 billion euros between 2021 and 2023.

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