The recent increase in gas prices of nearly 12% in France has become a highly debated issue, which could have significant implications for the upcoming legislative elections. This rise, announced in March, is primarily due to the revaluation of gas network maintenance costs and the surge in gas prices on international markets. As a result, the average annual gas bill for French people will increase by 124 euros, from 1,060 euros in June to 1,184 euros in July.
The Energy Regulatory Commission (CRE) has emphasized that this increase is mainly associated with a four-year revaluation of gas transmission costs aimed at covering maintenance and modernization expenses for the country’s gas infrastructure and integrating green gas into the system. Although prices have risen, the CRE noted that the July price remains lower than January’s price after subsidies ended that protected households from excessive increases during the energy crisis.
Several political parties in France have proposed various measures to address rising energy costs. The Macronist Renaissance party aims to establish an energy renovation fund, while the National Rally suggests reducing VAT rates on gas, electricity, and fuels. The New Popular Front (NFP) plans to lower VAT rates for energy companies and freeze prices for basic necessities such as food and housing. However, implementing these measures may require negotiations with Brussels to ensure compliance with European regulations.
The issue of increasing energy costs is likely to remain a critical talking point during the legislative elections as purchasing power and affordability are essential concerns for voters. Each political party has presented different strategies to tackle rising energy prices and ease pressure on consumers. The election results will determine how France responds to these challenges and shape its future energy policy.
In conclusion, rising gas prices have become a contentious issue between two rounds of legislative elections in France due to their impact on consumer affordability and purchasing power. Political parties have proposed various measures to address this challenge but must negotiate with Brussels before implementing them fully. Despite these efforts, it remains uncertain whether they will be enough to mitigate rising energy costs’ effects entirely or if they will continue to be a significant concern for French voters heading into election season.
