INSEE has carried out a study on “French spending on electricity since 1960”, which the team at “À la Loupe” has looked through. The result is unappealing for our bank balance.
Electricity prices in France have increased by 50% in ten years.
Electricity is growing much faster than inflation.
Why? “The share of taxes and levies in the total price of electricity in France reached 35% in 2016, against 26% in 2010,” says INSEE. Taxes levied on electricity consumption have indeed increased considerably since the 2000s. The authors of the study specified to LCI that “between 2009 and 2016, electricity prices increased, per year on average, 4 points higher than those of household consumption”. A blow to the purchasing power of the French.