EDF gets green light for 1.7 percent rate hike

10th August 2006, Comments 0 comments

PARIS, Aug 9, 2006 (AFP) - The state-controlled power company Electricité de France (EDF) won a 1.7 percent increase in its electric rates Wednesday, effective from August 15, a spokeswoman for the industry ministry said.

PARIS, Aug 9, 2006 (AFP) - The state-controlled power company Electricité de France (EDF) won a 1.7 percent increase in its electric rates Wednesday, effective from August 15, a spokeswoman for the industry ministry said.

The last increase was a three-percent hike in January 2003 but that was followed one year later by a cut of 1.6 percent.

Copyright AFP

Subject: French news

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