France: gas prices will fall by about 3.5% on 1 April – Le Parisien

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March 15, 2016, 7:25 p.m. | Update: March 15, 2016, 7:24 p.m.

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regulated gas tariffs applied by Engie (formerly GDF Suez) to 6.4 million consumers, will fall by about 3.5% April 1 average.
LP / Gael Cornier

the continuing decline and it is not consumers who will complain. Regulated gas tariffs applied by Engie (formerly GDF Suez) to 6.4 million consumers, will fall by about 3.5% on average on April 1, according to Le Figaro confirmed information from a good source.

This is the seventh consecutive month of decline in these prices include tax, which had already decreased by 3.22% in March, in a context of falling oil prices.

regulated gas tariffs do not include various taxes, but include Engie of supply costs. They are revised monthly according to a formula that takes into account the price of gas on the wholesale market and the price of oil. The expected decline of about 3.5% is an average, because evolution is different for home heating is gas, for those who use gas only for cooking and for those who use a dual cooking and heating.

Since the opening of the energy market to competition, the French consumer 10.6 million gas customers have the choice of regulated tariffs from the former monopoly and prices market, as proposed by Engie than its competitors (EDF, Direct Energy, Eni, Lampiris, etc.).

If they persist for individuals, regulated tariffs were completely eliminated by 1 January for business customers of natural gas and electricity, which had necessarily subscribe to a free price

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Economy

France: gas tariffs decline of about 3.5% on 1 April

the continuing decline and it is not consumers who will complain. Regulated gas tariffs applied by Engie (formerly GDF Suez) to 6.4 million consumers, will fall by about 3.5% on average on April 1, according to information …

http://www.leparisien.fr/economie/votre-argent/france-les-tarifs-du-gaz-baisseront-d-environ-3-5-au-1er-avril-15-03-2016-5629533.php

2016-03-15 7:00:00 p.m.

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Economic News , Economy, Industry, 2016, France, rates, gas decline, about, er