Gas prices in France to increase by almost 12% starting July 1

The Energy Regulatory Commission (CRE) has announced that the benchmark price for gas, which serves as a reference for suppliers, will be set at an average of 129.20 euros per megawatt-hour (MWh) starting from July 1st. This is an increase of 13.50 euros per MWh from June, representing a rise of +11.7%.

Emmanuelle Wargon, the president of the CRE, explains that this price update is based on market prices and follows a series of previous declines in recent months. Despite this increase, the current price is not as high as it was back in January.

The removal of regulated gas sales prices has led to fluctuations in the market and this price update reflects those changes. Consumers should keep an eye on their bills and compare them with previous months to understand how much they are paying for their gas supply.

By Sophia Gonzalez

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