the National Assembly votes in favor of compensation for suppliers

The decision follows Jean Castex’s announcement on October 21, where he declared that the price of gas would be frozen “throughout 2022”.

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An expected decision. The National Assembly adopted at the very end of the evening, Friday 6 November, a device to compensate gas suppliers after the introduction of the “tariff shield” aimed at limiting the surge in energy prices for households.

The government amendment provides for a catch-up mechanism, from July 2022, to compensate for the losses that suppliers are about to suffer due to the price freeze. With, if necessary, the possibility of compensation from the state budget.

Small suppliers “less than 300,000 subscribers” will also be able to benefit from a deposit before February 28, 2022. Prime Minister Jean Castex announced on September 30 the blocking of the price of gas for around five million subscribers (including three million at the regulated tariff) in the face of the constant increase these last months.

On October 21, he added that the price of gas would be frozen “throughout the year 2022”, and not just until April as initially specified. The government has promised a “accompaniement” to worried suppliers, while some threaten to initiate “litigation” against the State. On the right, LR deputy Julien Aubert was indignant at the late examination of this “amendment to 1.2 billion euros”, shortly before midnight in the hemicycle.


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