Paris — France’s CRE energy market regulator on Monday recommended a 4.4% reduction in regulated gas tariffs from April 1 paid by about 4.6 million residential customers in France to Engie.
The cut follows a 4.6% drop in March, and a 3.3% cut in February.
The CRE, which recommends regulated E
to the government for a final decision, said the reduction was related to Engie’s supply cost.
European gas prices have tumbled to new lows in recent weeks due to a slump in demand.
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