EDF’s British division said last weekend that it will increase the supply of electricity and natural gas prices for retail and residential housing in the UK from November 10, raising the average residential electricity price by 4.5%, and raising the price of natural gas by 15.4%. The increase is slightly lower than other suppliers. This will be the last of the six major energy giants in the UK to increase the price of energy retailers.
According to the Bank of England's forecast, the large-scale increase in electricity and gas costs will push the inflation rate in the UK to exceed 5% at the end of this year. French Power CEO Rivaz said, "We have tried to absorb the pressure of other costs such as energy wholesale and sales network maintenance within the company, and we are reluctant to pass more cost to consumers." French electricity had earlier this year The French government proposes to increase the country's electricity tariff by 28% to 37% over the next five years. A few days ago, explosions in the subsidiary facilities of the Marquee nuclear power plant in southern France may again trigger a discussion on the abandonment of nuclear energy, which will further boost electricity prices.
According to the Bank of England's forecast, the large-scale increase in electricity and gas costs will push the inflation rate in the UK to exceed 5% at the end of this year. French Power CEO Rivaz said, "We have tried to absorb the pressure of other costs such as energy wholesale and sales network maintenance within the company, and we are reluctant to pass more cost to consumers." French electricity had earlier this year The French government proposes to increase the country's electricity tariff by 28% to 37% over the next five years. A few days ago, explosions in the subsidiary facilities of the Marquee nuclear power plant in southern France may again trigger a discussion on the abandonment of nuclear energy, which will further boost electricity prices.
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