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THE HIKE AFFECTS SOME 10 MILLION HOUSEHOLDS IN FRANCE THAT USE GAS AS THEIR MAIN ENERGY SOURCE DO YOU RECEIVE THE CONNEXION'S FREE WEEKDAY NEWSLETTER? Sign up here The average price of
gas in France is set to rise by almost 12% month-on-month from July 1, after several months of respite. Gas distribution network la Commission de régulation de l'énergie (CRE) has
announced that the price of gas will rise by 11.7% due to “an increase in distribution network tariffs”. Around 10.5 million households in France use gas as their main source of energy. The
benchmark is made up of a fixed price (your subscription), plus your household’s variable gas consumption. The benchmark gas price will average €129.20 per megawatt-hour (MWh), or 13 cents
per kilowatt-hour (kWh) including tax, from July 1. This means that the average bill for a residential customer would be €1,184 at the July price. This is considerably more than the June
price (€1,060). Read also: What rises are expected for gas bills in France in 2024? Read also: End of regulated gas prices in France – how to find the best deal But while the July price is
higher than the previous month, it is still 3.5% lower than the average price on January 1, 2024. At the January price, the average annual bill would have been €1,227. The amount paid
depends on what you use gas for. Heating with gas means you will pay more for your subscription, but less per megawatt or kilowatt hour. The amount paid also includes the cost of
transporting it, so people who live closer to a gas port will pay less than people who live further away.