“It’s not necessarily a good calculation to wait,” according to Emmanuelle Wargon

The chair of the Energy Regulatory Commission said on Monday that small businesses whose contracts “are about to expire do not necessarily have to wait to sign a new offer.”

Small businesses with expiring energy contracts shouldn’tnecessarily“Wait until you sign a new offer,” Energy Regulatory Commission (CRE) chairman Emmanuelle Wargon said Monday as the executive multiplied warnings. The government therefore intends to call to order the energy companies that do not play “not enough playwith SMEs by inflating prices. They are called up on Wednesday to sign “a code of conductand undertake to guaranteereasonable pricesespecially to small businesses whose contracts are about to expire.

If a new contractshows an incomprehensible increase“,”do not sign!“, the delegate minister for SMEs Olivia Grégoire has already hammered at the address of entrepreneurs, while President Emmanuel Macron denounced”crazy prices“.”I’m not necessarily saying, don’t sign“, I say: take a good look at the conditions (…) offered by suppliers, compare” but “It is not necessarily a good calculation to wait (…) the last minute until January 1, in order not to find yourself in the situation in which you no longer have any contract”, estimated the president of CRE, interviewed by BFM Business on the case of SMEs. “If you are between 400 and 500 euros per megawatt hour for a year, it is for the market price and there is no reason to wait (…) there you sign, added the president of the energy market gendarmerie in France, inviting customers to watch “the price in absolute value rather than the increase itself“In France, the surge in energy prices caused by the Russian gas supply crisis is aggravated by the unavailability of part of the nuclear fleet, with almost half of the reactors turned off, which weakens the production of electricity.

According to Emmanuelle Wargon, this price increase reflects a form of risk premium on the French market that will be present until all reactors are back in service by February, according to the schedule announced by EDF. “This makes prices very high (…) very volatile, so it is more difficult to understand the prices offered by suppliers, acknowledged the former minister, who believes that in any case “many (…) make a great effort of transparency (…) to try to protect their customers and to make the best possible prices“.

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