Electricity prices will increase in 2023. How will this affect the charging of your electric car?
The question is no longer to know if electricity will increase, but to know when and especially by how much. For when, the government is preparing people’s minds for the end of the tariff shield, with therefore an increase to come, but not before February 2023. As a reminder, the last revaluation of regulated electricity prices dates back to February 1, 2022. At this date, prices for individuals had increased by 4%. But the government pointed out that without the shield, the increase should have been 35.4%.
And since then, things have not improved, quite the contrary, because of the war in Ukraine. In addition to the drop in Russian gas exports to the European Union, there are concerns about the Zaporijjia nuclear power station, one of the most powerful power stations in the world. Without forgetting that in France, less than half of the reactors work. And EDF has just announced that the corrosion will take longer to be repaired than expected.
From 10… to 40%
With this explosive cocktail, the price of electricity on the wholesale markets, where suppliers get their supplies, has reached a record: more than €1,000 per megawatt hour forecast for early 2023… whereas it was €85 a year ago. a year. It is therefore difficult for the government to extend the tariff shield for another year.
For some experts, for example Nicolas Goldberg of Colombus Consulting, interviewed by France 24, “we could have an increase of between 30 and 40% in regulated prices”. He reminds all the same that it is difficult to know how the situation can still evolve between now and the next evolution of regulated prices, in February.
However, everyone agrees that the government will not let such a high increase pass. Bruno Le Maire, Minister of the Economy, has already promised “contained” it. This could ultimately be between 10 and 20%. This can therefore have a similar impact on the cost of recharging your vehicle, because the vast majority of it is done at home.
Off-peak hours to smooth out the rise
Faced with blackout concerns this winter, the government has asked electricity suppliers to quickly put in place new formulas to encourage the French to shift their consumption at night. In other words, giving pride of place to off-peak hours. And the Ministry of Ecological Transition sees in the electric car a new ideal use for off-peak hours.
Very often, private customers recharge at home at night, so they could take advantage of more advantageous prices by starting the recharge in the middle of the night rather than by plugging in their car as soon as they return home. What limit the impact on the price of home charging. The electric car will in any case keep the advantage of an advantageous energy cost per 100 km compared to fossil fuels which remain very expensive.
Attention, it is above all a question here of regulated prices at home. As soon as you venture to a terminal with public access, the price will depend on the supplier and the increases are not limited! These promise to be even heavier, as private companies cannot give gifts to customers, while the State bears a good part of the rise in the regulated price (by increasing the debt). Example on September 1, Allego strongly increases its prices in France.