Thunderclap in sight for the electricity bill? While the Barnier government is on an all-out hunt for spending and the quest for cash flow to complete the 2025 budget, which promises to be particularly tough, an adjustment to energy prices could impact the wallet many households. Indeed, as revealed The Parisianthe government would have the idea of increasing taxes on electricity, beyond what was planned.
The tax in question is the Internal Final Consumption Tax on electricity, the aptly named TICFE. As part of the tariff shield put in place after the outbreak of the war in Ukraine, it had been reduced to the maximumat 1 euro per megawatt/hour, instead of 32 euros before the energy crisis. It then rose to 21 euros on February 1, and must be restored at the beginning of 2025.
Beyond 32 euros?
Yes, but that is the scenario established by the previous government. And Michel Barnier’s team would consider, according to our colleagues, going beyond this catch-up, and therefore exceeding 32 euros.
According to the calculations established by Le Figarofor the 80% of households attached to the regulated tariff, the catch-up of the TIFCE will not cause an increase in the bill but a decrease, and exceeding the tax would eat into these savings. But for households subscribing to market offers, this same excess of the TIFCE could push suppliers to increase the bill.