Energy Price Hike: What Support is Available for Businesses?
February 12, 2025
Source: economie.gouv.fr
Amidst the ongoing energy crisis, businesses in France are facing significant financial strain due to soaring energy prices. In response, the French government has implemented a range of support measures to alleviate the burden on companies.
1. Electricity Price Shield
Eligible businesses will receive a price cap on their electricity bills. This cap limits the average price per megawatt-hour (MWh) to €42. To qualify, businesses must meet the following criteria:
- Annual energy consumption of less than 3 GWh
- Less than 10 employees
- Annual turnover of less than €2 million
2. Gas Price Cap
Eligible businesses will also benefit from a price cap on their gas bills. The cap limits the average price per MWh to €118. The eligibility criteria are similar to those for the electricity price shield.
3. Energy Allowance
Businesses that do not qualify for the price caps may be eligible for an energy allowance. This allowance provides financial assistance of up to €3,500 per month to cover increased energy costs. To qualify, businesses must:
- Have an energy consumption of more than 3 GWh
- Not exceed a certain EBITDA margin
4. Energy Loan Guarantee Scheme
Businesses can access loans with a government guarantee to cover exceptional energy expenses. The loans are provided by commercial banks and guaranteed by the French State. The maximum loan amount is €2 million, with a maximum maturity of 5 years.
5. Tax Relief
Businesses may be eligible for tax relief on their energy costs. This relief includes reduced VAT rates on energy bills and tax credits for energy efficiency investments.
6. Energy Efficiency Support
The government provides support to businesses for energy efficiency upgrades. This includes grants and technical assistance to help companies reduce their energy consumption.
How to Apply
Businesses can apply for these support measures through the following channels:
- Online platform: entreprises.gouv.fr/aides-energie
- Local business support offices (CCI, CMA, etc.)
- Commercial banks (for the energy loan guarantee scheme)
Conclusion
The French government’s support measures aim to help businesses navigate the challenges posed by rising energy prices. By providing financial assistance, price caps, and energy efficiency incentives, the government seeks to protect businesses and ensure their continued operation. It is important for businesses to carefully review the eligibility criteria and apply for available support to mitigate the impact of energy costs on their operations.
Hausse du prix de l’énergie : quelles aides pour les entreprises ?
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