This is good news regarding several million homes. Regulated gas tariffs decrease by just over 1% on 1 February, reveals Le Figaro . This decrease due to plummeting oil prices, to which gas prices are indexed, explains the daily. Remember, crude prices have fallen about 60% in a few months.
This followed the rise in regulated prices of gas by 1.8% in January due to the doubling of the tax Domestic consumption of natural gas (TICGN). Indeed, the formula for calculating the tariffs applied by GDF Suez and revised monthly, has changed this summer, strengthening their indexing on market prices rather than changes in the price of crude oil.
Approximately 7.4 million households out of a total of 10.6 million subscribers gas were subject to regulated tariffs at the end of the third quarter 2014, while 3.2 million had subscribed jobs at free prices , say “market” at GDF Suez or an alternative provider.
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