TotalEnergies offers 10% discount on energy to new clients

TotalEnergies unveiled a new online offer called Access on Monday, May 18. It grants a 10% discount for three years on electricity and gas to new clients. The announcement follows record profits and political pressure.

The group led by Patrick Pouyanné launched this offer exclusively online. New subscribers will receive a 10% reduction on the price per kilowatt-hour of electricity excluding taxes compared to the regulated tariff, and the same on gas relative to the reference price.

Existing customers will not automatically receive the discount. The company assures they will remain protected against possible price increases. This measure complements the fuel price caps already in place at the group's service stations.

Petrol stays below 1.99 euros per liter and diesel under 2.09 euros at least until May 31. The announcement responds both to geopolitical tensions in the Middle East and criticism from French political leaders after first-quarter results rose 51%.

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Fuel prices in France have surged following Israeli-American strikes on Iran, reaching one-year highs. The government is closely monitoring the situation and has summoned distributors to verify price adjustments. TotalEnergies maintains a cap at 1.99 euros per liter in several stations.

Prime Minister Sébastien Lecornu has called on TotalEnergies to strengthen its fuel price caps to redistribute its superprofits. The statement comes amid a sharp rise in the group's earnings due to the Middle East conflict. The government is opting for targeted aid amid budget constraints.

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