Condominiums will soon be compensated for increases

In its original version of the price tag, the freeze on regulated gas prices did not affect co-owners. In fact, many condominiums are no longer eligible for Engie TRVs and therefore could not benefit from the scheme. Last month, the government decided to include these 3 million excluded homes by expanding tariff protection.

An interest rate shield that now applies to condominiums

Condominium gas rate sign

On April 10th, a decree published in the Official Journal explains the conditions of application of the customs protection for condominiums and social housing. This ensures a retrospective compensation This corresponds to the increase recorded between November 1, 2021 and June 30, 2022.

This compensation provides Payment of the financial compensation in two stages. On May 1st, a compensation window will open for the period from November 1st, 2021 to February 28th, 2022.

Is the aid paid directly to the co-owners?

No, it is up to the General Counsel or the Co-Owner’s Administrator to take the steps to obtain this compensation. You have to apply to theState Payment Services Agency (ASP). This will pay you the amount due within 30 days. First aid should be provided by July 1, 2022 at the latest.

The subsidy will then be passed on to future bills. A way to bring down household condo fees a bit! For your information: The gas bill makes up about a third of the expenses in a shared flat.

Good to know : Residents of a condominium with central heating cannot choose their gas supplier. On the other hand, they are free to choose their electricity provider. This is an opportunity for them to lower their energy bills. for find the cheapest provideris the easiest way to use an energy comparator.


Caroline Dusanter

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