In France, the reference price for natural gas (PRVG) will increase by 5.8% starting from December 1st, reaching 206.26 euros per megawatt-hour (MWh) after tax, compared to 194.90 euros/MWh recorded on November 1st. The increase, announced by the Energy Regulation Commission (CRE), reflects fluctuations in the international market, particularly the drop in supply following the crisis in the Strait of Hormuz, reports AFP. The authority estimates an average impact of 16 euros after tax on the monthly bills of the approximately 6 million French households with tariffs indexed to the reference price, representing about 60% of residential subscribers. For the entire year 2026, the annual bill of an average consumer will increase by 11.8% compared to 2025, equating to an additional 143 euros after tax. [1]
The 2026 barometer of the National Energy Mediator reveals that 34% of interviewed households experienced difficulties in paying electricity or gas bills, while in 2020 the share was 18%. In the context of these financial tensions, the five large oil and gas companies have recorded cumulative net profits exceeding 50 billion dollars, driven by hydrocarbon prices, refining activities, and diesel-related tensions. [1]
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