Frexiteer claims leaving EU will cut French electricity costs – ‘If we were independent’ | World | News

Charles-Henri Gallois took to social media to allege measures in the Brussels bloc had increased electricity costs across France. The chairman of Generation Frexit, which mimicked Vote Leave’s ‘Take Back Control’ slogan, made the claim while responding to a post by EDF.

Mr Gallois, who penned ‘The Economic Illusions of the European Union’, said: “Did you know that we pay much more for electricity than if we were independent because of the EU’s electricity market? Frexit? Yes!”

Brussels’ electricity market has helped harmonise national and regional energy supplies across the single market.

It had been claimed the EU had set a lower price cap on energy than the UK.

However, while a policy was approved by the European Commission in Spain and Portugal, the EU has not set a price cap for member nations.

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British households are bracing for annual energy bills to rise threefold to above £4,000.

French residents are not expected to face the same struggle as Emmanuel Macron’s Government froze prices and limited the increase of the regulated price of electricity to an annual four percent.

Tory leadership contender Rishi Sunak has vowed to axe the five percent VAT charge on household energy bills for 12 months from October if he defeats Liz Truss in the race to replace Boris Johnson as Prime Minister.

The ex-Chancellor, who campaigned for the UK to leave the EU in 2016, would deliver what many regard as a Brexit dividend by following through with the commitment.

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