France’s Commission de Régulation de l’Electricité (CRE) has unveiled a proposal to reduce regulated electricity sales tariffs (TRVE) in the country by 15% on 1 February 2025. Specifically, CRE plans to set the regulated electricity sales tariffs at €239/MWh (including taxes) on 1 February 2025 compared to the average of €281/MWh (incl. taxes) set on 1 February 2024, representing an average decrease of €42/MWh.
This significant decrease is largely due to sharply declining market prices, linked to a gradual return to normal after the energy price crisis, that reduced the cost of energy supply. This drop in electricity tariffs will benefit the around 20.4 million French households which have subscribed to a TRVE contract, as well as about 4 million households which subscribed to offers indexed to this rate.
With this reduction, CRE estimates that the average tax-inclusive bill for French households will drop from €1,240/year to €1,050/year.