Gas, electricity, and the allocation of back-to-school... What changes on the 1st of August - The Point

As often at the beginning of the month, reforms have positive or negative impacts on the portfolio and the purchasing power of the French. On the occasion of th

Gas, electricity, and the allocation of back-to-school... What changes on the 1st of August - The Point

As often at the beginning of the month, reforms have positive or negative impacts on the portfolio and the purchasing power of the French. On the occasion of the August 1, 2020, these developments include, for example, the price of gas and electricity, but also an evolution of the activity or partial conditions eased for the unemployment allowance. Other developments will follow also in the coming days regarding the premium conversion or the allocation of back-to-school, details The Paris. The list is non-exhaustive.

also Read the Above – Should we stop supporting the purchasing power and consumption ?

The price of gas and electricity

The regulated tariffs of sale of gas, applied by Engie to millions of French households, increase of 1.3 % on 1 August. "This increase is 0.3 % for customers who use gas for cooking, 0.7% for those who have a dual purpose, cooking and hot water, and 1.4% for households that heat up the gas ", says the Commission for energy regulation (CRE). In addition, she noted that these rates have declined in any of 24.5 % from 1 January 2019.

Since this summer and until the end of February, 2021, the rate-regulated gas are subject to a mechanism of smoothing put in place by the government. The decrease in the tariff on the 1st July has been deliberately limited, in order to avoid a rise too sharply rates this winter in the wake of a rebound in gas prices.

The regulated tariffs of the electricity also increase of 1.54 % to 24 million subscribers EDF.

Easing to the unemployment insurance

in Mid-July, Jean Castex, has decided to postpone the discussions on the unemployment insurance and the pension reform. It is, therefore, at the beginning of next year as the hardening of the compensation rules should be applied. As a direct consequence, for the people losing their jobs between August 1 and December 31, 2020, the compensation rules will be those in force prior to November 1, 2019. To be entitled to unemployment, you need to have worked four months on the 28 last. Elizabeth Terminal, the minister of Labour justified the non-retroactivity of the measure by technical reasons.

Read also The great return of subsidised jobs

the Beginning of the activity partial long-term

The new device to the activity long-term partial is entered into force Friday, July 31, after the publication of the decree in the official Journal the previous day. While 4.5 million employees have been entitled to receive in June, the government hopes to make it a " shield anti-dismissal ", especially in the areas facing a reduction in activity is sustainable. The device allows for a reduction of working time up to a maximum of 40 % of working hours under a condition of an agreement for company or branch, 6 to 24 months, validated by the authority and includes commitments on employment and training.

On non-working hours, the employee will receive 84 % of his net salary (or 70 % of its crude), which was calculated from a maximum fee of 4.5 times the minimum wage. As these are a maximum of 40 % of his working time, this guarantees him 93% of his net salary. For its part, the company will receive a compensation of 85 % of the compensation paid to the employee (that is, 15 % of the cost) for an agreement entered into before October 1 and 80 % for an agreement concluded after. The system will therefore be more advantageous than the part-time unemployment, classic, limited to six months and whose compensation will, from the 1st of October, from 84 to 72 % of the net for the employee, and from 85 to 60 % of the cost for companies.

The libretto Is not moving

The interest rate of the livret A does not move. While the French households have accumulated € 55 billion of enforced savings during the confinement and the 20 billion extra over the period of déconfinement, the rate of pay for the booklet and the booklet of sustainable development will not be changed. The rate will remain at 0.50 %.

Premium conversion

This is from the August 3, that the device of the premium to the conversion will evolve. The automobile market has benefited from a plan of support in the face of the crisis, notably with the expansion of the premium to the conversion, for the scrapping of an old car, which had been expanded to reach a wider audience. More than 200 000 premiums were granted in less than two months. But, it will now be revised downward.

Will become eligible for scrapping all vehicles classified Crit'air 3 or older. The schedule of premium will be however, the one that prevailed prior to the support plan, with a particular effort in favour of households, according to the ministry of the ecological Transition. Individuals will receive 2 500 to 5 000 euros (depending on income), for the purchase of an electric vehicle or rechargeable hybrid. This will 1 500 to 3 000 euros for a vehicle Crit'Air 1 or 2. Is also supported the eligibility of the premium to the conversion of the transformation of a heat engine by an electric motor, in the same way as the purchase of an electric vehicle. Is also retained the surcharge to the State of maximum 1 000 euros where the beneficiary lives or works in an area "low-emission" (EPZS), and that similar aid has been granted by the territorial authority concerned.

Allocation of back-to-school

The school return allowance will be paid on 4 August at The Meeting and Mayotte, and on 18 August in metropolitan france and in other French overseas departments (Martinique, Guadeloupe, French Guiana). Three million families with modest incomes will be able to benefit. It amounted this year to 470 euros for a pupil, 490 euros for a college student and 504 euros for a high school student. It is paid for " every child born between 16 September 2002 and 31 December 2014 inclusive ".

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Updated Date: 01 August 2020, 05:33

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