> In 2021 and especially in 2022, the global rates of inflation have changed our daily lives. With an annual rate reaching +8.9% in July 2022 in Europe
> Thanks to the long-term management of our energy costs in 2021, we did not immediately need to change our prices. However, at the end of 2022 and in 2023, part of our energy purchases coverage are coming to an end and we are going to end up buying energy at a higher price
Electricity prices for consumers currently are heavily subsidized in France because otherwise there would be riots: spot market prices are regularly above 0.40€ and the current end user price would probably be around 0.80€.
OVH is a business, thus they have to pay the real prices.
In the end we will all pay via massive inflation for the competence of the European politicians.
They also have a big datacenter here in quebec impacted by the rate increae, and our electricity prices haven't really increased. Prices for industrial uses here are around 0.08-11$(CAD) per kWh.
(Edit: to be clear the OVH rate increase is still pretty reasonable, and is justified by other factors)
In France I think the price of electricity for professionals has been multiplied by five in the past few months. The price of electricity for residential customers and small businesses has only increased by 5% because the French state and EDF are shouldering the difference.
capableweb|3 years ago
> In 2021 and especially in 2022, the global rates of inflation have changed our daily lives. With an annual rate reaching +8.9% in July 2022 in Europe
> Thanks to the long-term management of our energy costs in 2021, we did not immediately need to change our prices. However, at the end of 2022 and in 2023, part of our energy purchases coverage are coming to an end and we are going to end up buying energy at a higher price
marcfr|3 years ago
OVH is a business, thus they have to pay the real prices.
In the end we will all pay via massive inflation for the competence of the European politicians.
mardifoufs|3 years ago
(Edit: to be clear the OVH rate increase is still pretty reasonable, and is justified by other factors)
fxtentacle|3 years ago
Thervicarl|3 years ago
In France I think the price of electricity for professionals has been multiplied by five in the past few months. The price of electricity for residential customers and small businesses has only increased by 5% because the French state and EDF are shouldering the difference.
rewtraw|3 years ago
prottog|3 years ago