A consumer group is offering a new group offer for electricity contracts that could save people up to 12% on their bills this year alone, with prices frozen for two years.
The deal, which was launched today October 26, is proposed by consumer group and and is limited to 150,000 contracts. It will run until November 15, 2023.
It includes a launch price that is 12% lower than the current EDF regulated market price for October 2023 of 0.2276 鈧�/kWh.
In practice, this means that a household using 10,000kWh a year would save 鈧�266 on current prices.
UFC-Que Choisir says the deal, which is for renewable energy, will also help to stimulate 鈥渟mall producers of renewable energy鈥� in France.
Are electricity prices rising in France?
Electricity prices have risen by 30% in the past year alone, despite the government鈥檚 price shield, or bouclier tarifaire, which continues to protect people from the high prices seen elsewhere in Europe.
The price shield means that the state is essentially subsidising on average 37% of people鈥檚 electricity bill by limiting the price increases of ongoing contracts to 15%.
In July, the then-Minister of Public Accounts Gabriel Attal announced that this protection will be withdrawn 鈥減rogressively鈥� by the end of 2024.
The state regulated prices are projected to rise by a further 10% in February 2024.
UFC-Que Choisir says the deal means that its partner Octopus Energy can forgo expenses linked to commercialising its activity, which ensures a lower price.
The consumer group will also help ensure legal protection for adherents, in addition to the standard protection for electricity contracts, including the right to change to another supplier - or back to the state regulated tariff - at any time.
The deal also does not preclude people from using the government鈥檚 ch猫que 茅nergie to pay for electricity.
You can compare the UFC-Que Choisir deal to your current contract using the , with no obligation.
The terms and conditions of the deal, as well as frequently asked questions, are available on the .
You apply using the same website. It is free to change your electricity contract.
UFC-Que Choisir receives a 鈧�12 fee for each new contract.
鈥淚t is an attractive offer鈥�, the French energy ombudsman told news agency AFP. 鈥淏ut there are other offers available that are also lower than the regulated price.鈥�
You can compare current electricity offers using the government鈥檚 comparison tool , however, this will not include the UFC-Que Choisir deal, which is a special group offer.
Only houses that are supplied by Enedis can apply, which rules out people in Corsica, Strasbourg, Metz, Bordeaux and Grenoble.
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