Gas Price: Engie’s Regulated Tariffs Increase by 1.1% on May 1

The regulated gas sales tariffs applied by Engie increased by 1.1% on May 1. In detail, this increase excluding tax is “0.3% for customers who use gas for cooking, 0.7% for those who have dual use, cooking and hot water, and 1.2% for homes that heat with gas, ”explains the Energy Regulatory Commission.

This increase can be explained in particular by the rise in world prices for liquefied natural gas (LNG) “following strong demand in China and India and by the blockage of the Suez Canal at the end of March through which 8% of world LNG passes. », Indicates CRE in a press release.

Low level of European storage
The Energy Regulatory Commission also notes that the level of European gas storage is lower than usual at this time of year: “They were heavily strained by a cold winter that continues, with high temperatures. below seasonal norms in April ”.

Regulated gas sales tariffs will disappear on July 1, 2023 and Engie has already ceased to market new contracts of this type. But nearly three million households still subscribed to it at the end of March.