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Lower electricity prices: a further advantage for electric cars
EDF announces a rapid and lasting reduction in electricity tariffs
EDF's recent announcement of a rapid and lasting reduction in electricity prices is further boosting the appeal of electric cars. By making electricity cheaper, this economic development encourages the use of electric vehicles, which already benefit from lower running costs than internal combustion engine cars.
This trend comes at a time when the purchase price of electric vehicles is also falling, thanks to increased competition on the market.
As a result, the combination of lower electricity tariffs and the increasing availability of electric vehicles should encourage more consumers to opt for more sustainable mobility solutions. This represents a significant step towards a greener and more cost-effective energy transition.
Outlook for electricity prices: optimistic forecasts
Electricity tariffs set to fall by 10 to 15% in February 2025

The outlook for electricity prices in France is optimistic, with a significant drop scheduled for February 2025. The French Minister for the Economy, Bruno Le Maire, has announced that a reduction from 10 to 15% electricity tariffs, stressing that this reduction will be possible thanks to the revival of nuclear power and investment in renewable energies. This announcement comes after several successive rises in electricity prices in 2023 and 2024, and is intended to offset an expected rise in gas prices of 12% in July.
EDF has also confirmed this trend, announcing a rapid and sustained fall in electricity tariffs, thanks to an improvement in electricity production and the stabilisation of prices on the wholesale market. Luc Rémont, CEO of EDF, said that electricity prices should stabilise at a much lower level than in the previous year, providing positive visibility until the end of the decade.
Bruno Le Maire also stressed the importance of France's energy independence, criticising the positions of the Rassemblement National, which he said would make the country dependent on the Gulf States and Russia. This reduction in electricity tariffs should bring relief to French households, improve their purchasing power, and make electric vehicles more attractive, thereby contributing to a more sustainable energy transition.
The economic benefits of electric cars are growing stronger
The economic benefits of the electric car are growing significantly, offering consumers substantial savings opportunities in both the short and long term. Firstly, the cost of using an electric car is significantly lower than that of a conventional car. thermal vehicle. On average, it costs around €2 to drive an electric car for 100 km, compared with €8 for a petrol car, which can mean annual savings of €900 for a driver travelling 15,000 km a year. What's more, maintenance costs are reduced because electric motors have fewer moving parts and require less maintenance, resulting in further savings.
Subsidies and tax incentives offered by governments for the purchase of electric and hybrid the installation of recharging points also help to reduce the higher initial cost of these vehicles. In addition, many recharging points are available free of charge, further reducing costs for users. Finally, electric cars often benefit from preferential rates or free parking, adding an additional economic advantage.
In short, the savings from electric cars are not limited to reduced fuel and maintenance costs, but also include the financial benefits of subsidies and recharging infrastructure, making them even more attractive to a growing number of consumers.
For further information: Everything you need to know about recharging electric cars: complete guide to 2024 recharging points
Conclusion
In short, falling electricity prices, combined with increasingly affordable electric cars, are opening up unprecedented opportunities for a transition to more sustainable mobility. These favourable conditions not only make electric cars more accessible, they also transform the driving experience into an economically advantageous and ecologically responsible option.
If you're thinking of going electric, whether to buy a vehicle or install a charging point, Beev, the electric mobility expert, is here to help you every step of the way.
If you would like to find out more about the tax credit for in-car charging points 2024For more information, see our article on this subject.
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