Business · Energy & Commodities · 17 hrs ago
French gas reference price to rise 5.8% in December
France’s Energy Regulatory Commission says the gas reference price will rise 5.8% on 1 December, reaching €206.26 per megawatt-hour including tax.
The price is a guide that energy suppliers use to set offers and that households can use to compare them.
About six million French households have contracts linked to it, or roughly 60% of residential gas customers.
The commission says higher market prices in October pushed up the benchmark, as the Strait of Hormuz crisis reduced gas supply from the region and disrupted shipping.
The increase follows rises of 6.3% in October and 6.6% in November.
If conditions remain roughly stable through year-end, the commission estimates the average 2026 gas bill could be 11% higher than in 2025, or about €135 more including tax.
France’s gas reference price will rise by 5.8% on 1 December, the Energy Regulatory Commission (CRE) said.
The price will reach €206.26 per megawatt-hour, including tax.
The increase follows higher gas market prices in October.
About 6 million French households, or around 60% of residential gas customers, have a contract indexed to the reference price.
CRE president Emmanuelle Wargon said the rise reflects reduced supply following the crisis in the Strait of Hormuz.
- Who
- France’s Energy Regulatory Commission announced the increase; it affects households with gas contracts indexed to the reference price.
- What
- The gas reference price will rise by 5.8% to €206.26 per megawatt-hour, including tax.
- When
- From 1 December.
- Where
- France.
- Why
- Higher gas market prices in October and reduced supply following the crisis in the Strait of Hormuz.
This story does not have two clearly opposing sides.
The reference price rose by 6.3%.
The reference price rose by a further 6.6%.
The CRE announced a 5.8% increase effective 1 December.
- Increase
- 5.8% from 1 December
- New price
- €206.26 per MWh, including tax
- Affected households
- About 6 million, or around 60% of residential gas customers
- Imports
- France imports 95% of its gas
- Earlier increase
- 6.3% on 1 October and 6.6% on 1 November
What people are saying
On subit un prix de marché international, on importe 95% de notre gaz
Donc, ce prix reflète le fait qu'il y a moins d'offre depuis la crise dans le détroit d'Ormuz