July 15, 2024
Electricity contracts in France: TotalEnergies Electricité and Gaz France propose measures on VSEs
TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions
– By Godswill Odiong

Kindly Share

Facebook
Twitter
LinkedIn
WhatsApp

By Our Correspondent
TotalEnergies entered the electricity market in 2017 with the ambition of becoming an integrated player from production to distribution. TotalEnergies Electricity and Gaz France thus sells electricity to 5.7 million sites and has a production fleet of 2.6 GW gas power plants in France and a renewable energy fleet of 1.5 GW covering only part of its sales and leading it to source its supplies on the wholesale market.

TotalEnergies Electricity and Gaz France had to take into account the cost of this supply, which reached record levels that could go beyond €1,000 per megawatt-hour (MWh), in the offers offered between August and November 2022 to professional customers.

TotalEnergies also notes that the results of electricity production activities have been subject to new taxes ( taxation of infra-marginal rents ) under the latest finance law, which does not allow its integrated production and electricity distribution to reach financial equilibrium in 2022.

Aware of the major impact of electricity prices on the economic activity of VSEs and in the name of national solidarity, TotalEnergies Electricity and Gaz France want to mobilize to help them face the difficulties caused by this unprecedented energy crisis. .

Given the fall in electricity prices observed at the start of 2023, TotalEnergies Electricity and Gaz France will publish on Monday an update of its Horizon electricity tariff schedule which will take into account the recent drop in electricity prices. , at the rate of €320 excluding tax per megawatt-hour (MWh). TotalEnergies Electricity and Gaz France invite its customers to consult the information on the Horizon electricity offer at this link .

In addition, TotalEnergies Electricity and Gaz France are ready to undertake tariff revisions with VSEs (a company with an annual turnover or balance sheet of fewer than 2 million euros and less than 10 employees) having signed a Horizon contract between August 1 and November 30, 2022. TotalEnergies Electricity and Gaz France propose to reduce these contracts to an average annual price of €320 excluding VAT per MWh after taking into account the amortization mechanism put in place by the public authorities for the benefit of VSEs. Thus, these VSEs will benefit from a rate equivalent to the Horizon rate proposed from January 2023. The VSEs concerned request it will benefit from these new rates with retroactive effect from the date of application of the contracts.

To implement these proposals, TotalEnergies Electricity and Gaz France are willing to engage in a constructive dialogue with the public authorities in order to define the mechanisms allowing both to respond to the requests of VSEs and those of electricity suppliers, whether integrated or not, to exercise their activity of production and distribution of electricity under economically viable conditions.

Kindly Share

Facebook
Twitter
LinkedIn
WhatsApp

Copyright @ TheDaily. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheDaily

Leave a Comment

Your email address will not be published. Required fields are marked *

📰 Subscribe to our Newsletter

Scroll to Top