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Compare French energy offers

Our English-speaking advisors will help you compare, subscribe and save on your electricity and gas plans.

Price of electricity in France in february of 2024 : comparison of price per kWh

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Electricity prices in France

According to EDF's blue tariff, which serves as the reference price on the electricity market, the price of electricity is 0.2516 €/kWh in the Base option, 0.27€/kWh in Peak Hours, and 0.2068€/kWh in Off-Peak Hours. On the wholesale electricity market, this 15 february of 2024, the price of electricity is 56,9€ per MWh.

  • The Price of Electricity in France
  • The average price per kWh, including tax, is 0.2516€  in January of 2024 at the regulated rate (Basic option, 6 kVA)
  • The cheapest electricity supplier in France in february of 2024 is OHM Énergie who offer a price per kwh 18.9% cheaper than the regulatef tariff ;
  • In 2023, the average budget of a French household for electricity is €1300 per year, or €110 per month
  • On the wholesale market, the electricity price today, 15 february of 2024, is 56,9€ per MWh
  • The price of electricity changes on average twice a year, in February and August. In february of 2024, the price of electricity has increased by 10% in February and may increase again by 10% in august of 2024.
  • To pay less for electricity, you can opt for an offer at a price indexed to the regulated tariff with a % reduction , or a fixed price offer. Several electricity providers offers 14 to 17% of reduction compared to the regulated tariff.

⚡ Which provider of electricity is the cheapest in base option ?
Provider Offer Yearly price incl. VAT Savings vs regulated tariff Subscription price (€/yr) kWh price
OHM Énergie
 Contacter
OFFRE MAXI ÉCO Estimated cost
2700€
Savings
596€
149.8824€ 0.204€
La Bellenergie
 Contacter
PRUDENCE
✔️ Renewable energy !
🏷️ Fixed rates !
Estimated cost
2733€
Savings
563€
152.541€ 0.2064€
Mint Énergie
 Contacter
ONLINE & GREEN
✔️ Renewable energy !
🏷️ Indexed rates !
Estimated cost
2733€
Savings
563€
152.52€ 0.2064€
La Bellenergie
 Contacter
CONSTANCE
✔️ Renewable energy !
🏷️ Fixed rates !
Estimated cost
2756€
Savings
540€
176.4684€ 0.2064€
La Bellenergie
 Contacter
GARANCE
✔️ Renewable energy !
🏷️ Fixed rates !
Estimated cost
2792€
Savings
504€
212.4228€ 0.2064€
TotalEnergies
Contacter
STANDARD FIXE ÉLECTRICITÉ
🏷️ Fixed rates !
Estimated cost
2816€
Savings
480€
150.642€ 0.2132€

*Table up to date as of 15/02/2024. Cost calculated for a yearly consumption de 12500 kWh à Bergerac en option Base (6 kVA).

How much does Electricity Cost in France?

What is the average price of electricity in France in february of 2024 ?

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In 2023, more than 6 out of 10 French people had an electricity contract with EDF and its Tarif Bleu (the regulated sale tariff for electricity). If we consider that most of them have a Base meter option (with a price of electricity that is the same every hour of the day) and that the average power of the meter is 6 kVA, then we can say that the average price of kWh in France is 0.2516€ and the annual meter-standing charge is 151.2€.

With the average household in France consuming about 4770 kWh electricity (in French) in 2024, the average annual electricity cost in France ranged from 1057€ - 1723€, depending on the electricity provider and plan chosen. This works out to an average monthly power bill of about 108€ per month.

Here are the evolutions of the EDF Tarif Bleu between 2006 and 2023.

Source : Selectra

Electricity prices in France : forecast in 2024

The government plans to increase the price of electricity in France from 2024. For exemple, the tax "Accise sur l'électricité" will rise from €1 per MWh to €32.0625/MWh on 31 January 2024. This substantial increase is likely to have a major impact on the price of electricity. On the other hand, the gradual withdrawal of the Tariff Shield will lead to successive increases in the price of electricity. An initial increase of 10% is expected on 1 February 2024. For the moment, no information has been confirmed by an official source.

What is the price of one unit of electricity (price per kWh) in february of 2024 ?

What is the price per kWh of the Blue Tariff by EDF ?

EDF's Tarif Bleu is the reference price for electricity in France. This price is determined by the Ministry of the Economy, after consultation with the Energy Regulation Commission. Other electricity suppliers competing with EDF use it to set their tariffs, and consumers uses it to compare electricity prices.

In february of 2024, the price per kWh of the EDF's regulated tariff is :

  • 0.2516€/kWh with the Base option ;
  • 0.27€/kWh during the peak-hours ;
  • 0.2068€/kWh during the off-peak hours.

Fore more details, here are the price list of the EDF Tarif Bleu, withe the Base option, and with the peak/off peak option.

Price list of offer Tarifs réglementés de l'électricité by EDF with option base
Tarifs réglementés de l'électricité
Yearly meter standing charge Base kWh price
3 kVA 115.56 € 0.2516 €
6 kVA 151.2 € 0.2516 €
9 kVA 189.48 € 0.2516 €
12 kVA 228.48 € 0.2516 €
15 kVA 264.84 € 0.2516 €
18 kVA 301.08 € 0.2516 €
24 kVA 381.12 € 0.2516 €
30 kVA 449.28 € 0.2516 €
36 kVA 537.84 € 0.2516 €

Prices in € TTC for offer Tarifs réglementés de l'électricité by EDF updated 15/02/2024

Price list of offer Tarifs réglementés de l'électricité by EDF with option hphc
Tarifs réglementés de l'électricité
Yearly meter standing charge Off-peak kWh price Peak kWh price
6 kVA 156.12 € 0.2068 € 0.27 €
9 kVA 200.4 € 0.2068 € 0.27 €
12 kVA 241.56 € 0.2068 € 0.27 €
15 kVA 280.8 € 0.2068 € 0.27 €
18 kVA 319.68 € 0.2068 € 0.27 €
24 kVA 401.28 € 0.2068 € 0.27 €
30 kVA 475.56 € 0.2068 € 0.27 €
36 kVA 537.48 € 0.2068 € 0.27 €

Prices in € TTC for offer Tarifs réglementés de l'électricité by EDF updated 15/02/2024

The electricity regulated tariff is also available as a Tempo option. The Tempo option is an off-peak option offering very attractive tariffs during 343 days a year (between 25% and 50% savings compared with the base tariff). On the other hand, the tariffs are around 3 times higher 22 days a year, during Peak Hours (the red days, which correspond to days when demand for electricity is high). The Tempo tariff is a very attractive alternative for customers who are able to reduce their consumption considerably during red days.

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The EDF price per KWh is not the cheapest!

Several providers offer big deals compared to the EDF Blue tariff. Compare offers with our English-speaking advisors.

What is the cheapest price per kWh of electricity in France in february of 2024 ?

The price of electricity per kWh in France can be freely determined by alternative energy suppliers. Therefore consumers have a choice between the regulated rates and market offers. In february of 2024, several providers offer a price per kWh 14 to 20% cheaper than the EDF Tarif Bleu. The cheapest price per kWh available in the french market in february of 2024 is 0,204€/kWh. This price is offered by OHM Énergie with the offer Maxi Éco.

For a consumption of 4 770 kWh per year, the consumer who subscribes to the offer Maxi Éco by OHM Énergie pays an electricity bill of 1 021€ per year, against 1 235 subscribing to the EDF Tarif Bleu. This represents 214€ of savings a year.

Here are the 5 cheapest electricity suppliers inthe french market in february of 2024 :

⚡ Which provider of electricity is the cheapest in base option ?
Provider Offer Yearly price incl. VAT Savings vs regulated tariff Subscription price (€/yr) kWh price
OHM Énergie
 Contacter
OFFRE MAXI ÉCO Estimated cost
2700€
Savings
596€
149.8824€ 0.204€
La Bellenergie
 Contacter
PRUDENCE
✔️ Renewable energy !
🏷️ Fixed rates !
Estimated cost
2733€
Savings
563€
152.541€ 0.2064€
Mint Énergie
 Contacter
ONLINE & GREEN
✔️ Renewable energy !
🏷️ Indexed rates !
Estimated cost
2733€
Savings
563€
152.52€ 0.2064€
TotalEnergies
Contacter
STANDARD FIXE ÉLECTRICITÉ
🏷️ Fixed rates !
Estimated cost
2816€
Savings
480€
150.642€ 0.2132€
Octopus Energy
 Contacter
ECO-CONSO FIXE
✔️ Renewable energy !
🏷️ Fixed rates !
Estimated cost
2874€
Savings
422€
152.541€ 0.2177€

*Table up to date as of 15/02/2024. Cost calculated for a yearly consumption de 12500 kWh à Bergerac en option Base (6 kVA).

What is included in the electricity bill in France ?

The price of electricity includes many different components. In particular, the price of a kWh of electricity is recalculated every six months or so by the CRE and validated by the Government. This price is the sum of 3 components:

  • The price of supply ;
  • The price of transmission ;
  • The price of taxes.

Fourniture : Part du tarif réglementé couvrant la production et la commercialisation de l'électricité. Réseau : Part du tarif réglementé pour couvrant le transport de l'électricité. Taxes et contributions : TVA, CTA, et Accise.

The price of electricity supply

The cost of electricity supply includes the costs of supplying electricity, which are influenced by market and ARENH prices. Sales and marketing costs vary according to the structure of each supplier, with significant differences between large and small players. The margins of each supplier are also determined by their commercial strategy. For example, electricity prices can differ significantly, with EDF, because of its reputation, not needing to set tariffs as competitively as smaller suppliers seeking to gain market share. Specific features, such as EDF's financing of nuclear power stations, contribute to these variations.

The price of electricity transmission

Known as TURPE, the cost of electricity transmission is the same for all suppliers. It covers the cost of transporting electricity from its source (such as a nuclear power station or renewable energy installation) to the place where it is consumed (home, business or factory). This tariff depends exclusively on the meter power subscribed to, with a proportional increase for higher power. Importantly, this cost remains constant across all French regions, whether rural or urban.

The price of electricity taxes

There are three taxes on electricity :

  1. The VAT ;
  2. The Transmission Tariff Contribution, known as CTA in French ;
  3. The "Accise sur l'électricité".

The VAT

VAT on electricity is charged at two rates: one on the price per kWh and the other on the subscription:

  • 5.5% on the subscription ;
  • 20% on consumption.

VAT is an unallocated tax revenue. It is deducted from bills by electricity suppliers, then paid to the Treasury before going directly into the general government budget. Suppliers do not receive any VAT collection fees for their work. VAT rates on subscriptions and consumption are strictly identical for all electricity consumers in France, regardless of their energy supplier.

The Contribution Tarifaire d'Acheminement (CTA)

Introduced in 2005, the Contribution Tarifaire d'Acheminement (CTA) on electricity bills is a fixed levy, independent of consumption and the price of the subscription. However, its amount varies according to the consumption profile, linked to the type of meter and the base or off-peak option. Subject to a reduced VAT rate of 5.5%, this tax is intended to finance the retirement of employees of the Electricity and Gas Industries (IEG) before 1 January 2005, which include public-sector players such as Engie, EDF, Enedis, RTE, GrDF, GRTgaz and non-nationalised distributors.

It is calculated on the basis of the Tariff for the Use of Public Electricity Networks (TURPE), which covers electricity transmission and distribution costs. The CTA specifically represents 21.93% of the fixed part of the TURPE excluding VAT for customers connected to the public distribution network, including the annual management component, the annual metering component and the fixed part of the annual extraction component. With the constant increase in TURPE, driven by the need to maintain and modernise networks, the CTA is currently rising slightly.

The "Accise sur l'électricité"

The Accise sur l'électricité tax is the result of a merger between the CSPE (Contribution to the Public Service of Electricity) and the TICFE (Taxe Intérieure sur la Consommation Finale d'Électricité). The Accise sur l'électricité is the biggest tax on electricity. Financed by all electricity consumers, both private individuals and businesses, this tax goes directly into the State budget.

The standard rates of the "Accise sur l'électricité" are :

  • 32.0625€/MWh for households (power ≤ 250 kVA) and similar (economic activities with power ≤ 36 kVA) ;
  • 22.5 €/MWh for capacity above 250 kVA ;

Exceptional reduction in excise duty on electricity from 1 February 2022 to 31 January 2024

Following the increase in the price of electricity since the energy market crisis began in 2021, an exceptional reduction applies to all consumers. The excise duty on electricity is €0.5/MWh for business customers and €1/MWh for private customers.

What is the wholesale electricity price in february of 2024 ?

Here is the wholesale electricity price (Epex Spot) at different period of time :

  • Today : 0,0569€ per kWh ;
  • Yesterday : 0,06501€ /kWh ;
  • One year ago : 0,14911€ per kWh ;

The wholesale electricity price (Epex Spot) reached its maximum on 30 of August of 2022 with 0,74384€ per kWh.

Here is the evolution of the wholesale electricity price over time.

Évolution du prix de l'électricité Spot (day-ahead)
  Prix Spot de demain
16/02/2024
Prix Spot d'aujourd'hui
15/02/2024
Prix Spot il y a un mois
15/01/2024
Prix Spot il y a un an
15/02/2023
Prix en €/MWh 60.75 €/MWh 56.9 €/MWh 85.24 €/MWh 155.94 €/MWh
Évolution en € - - -28.34 € -99.04 €
Évolution en % - - -33.25% -63.51%

Source : Nord Pool Group - mis à jour manuellement le 15/02/2024

Source : Selectra