New Gas Benchmark Price: +11.7% increase, Consumers to Pay More

Gas prices in France to increase by almost 12% starting July 1

Starting from July 1, the average benchmark price for gas will be 129.20 euros per megawatt hour (MWh) including tax for consumers. This price increase of +11.7% from June translates to an additional 13.50 euros per MWh. Emmanuelle Wargon, president of the Energy Regulatory Commission (CRE), sets and updates the benchmark price each month based on market prices. Despite the rise in July, she notes that it is still lower than it was in January after a series of declines in recent months.

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