Sharp drop in regulated gas prices on April 1

Sharp drop in regulated gas prices on April 1

Consumers subscribing to regulated tariffs for gas supplied by Engie will benefit from a lower bill as of April 1. Prices will indeed drop by 4.1% from April 1!

No, it’s not a bad joke: regulated gas prices will drop 4.1% from April 1. At least if the government follows the recommendation of the Energy Regulatory Commission (CRE). But in fact, it is very rare that the public authorities do not follow a proposal from the CRE, especially when it means falling prices! In detail, the Commission explains that the fuck will be 1.2% for customers who use gas for cooking, 2.5% for those who have dual use, cooking and hot water, and 4.3 % for fireplaces that heat with gas.

Decrease in demand

Two main explanations for this drop in regulated prices. On the one hand, less demand due to the rise in temperatures. Spring is coming and with it, less heating needs. In addition, CRE has observed a drop in the prices of liquefied natural gas in Asia and Europe. A winning situation for consumers who will pay less for their gas, at least for those who subscribe to Engie. They have no real complaints: since January 2019, regulated prices have indeed fallen by 12.9%.

The good news of April 1

The level of regulated gas tariffs is still lower than that recorded in 2015, further underlines CRE. But in the long term, we will have to learn to live without it: regulated tariffs must indeed be completely extinguished in 2023 for individuals, to give way to market prices. At present, the latter must more or less follow regulated tariffs in order to hope to attract consumers. For professional customers, these regulated prices have been a thing of the past since December 1.

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