EDF / 2019 Universal registration document

5. The Group’s financial performance and outlook Operating and financial review in 2019

Electricity and natural gas sales tariffs 5.1.2.3 In France , the regulated tariffs were raised as follows: the “blue” tariffs for residential and non-residential customers were raised by ■ +7.7% (excluding taxes) from 1 June 2019; the “blue” tariffs were raised by +1.47% (excluding taxes) for residential ■ customers and +1.34% (excluding taxes) for non-residential customers from 1 August 2019.

(see note 4.2 to the 2019 consolidated financial statements). In the United Kingdom , a cap on variable residential tariffs for electricity and gas was introduced on 1 January 2019. The cap was raised by 10% on 1 April 2019, then reduced by 6% from 1 October 2019 to reflect developments in wholesale market prices.

Weather conditions: temperatures and rainfall 5.1.2.4 Temperatures 5.1.2.4.1 2019 was a warm year, with temperatures 0.5°C above normal overall. The average annual temperature in France was 13.1°C, just behind 2018 (average 13.4°C). December was particularly mild, registering temperatures 2.2° higher than normal.

Temperatures  (1) (2) in France in 2019 and 2018

24

4.5

Variance from normal in 2019 in °C

Monthly average temperatures in C°

3.5

20

2.5

+2.2

+1.6

+1.2

16

1.5

+1.1 +1.2

+0.9

+0.8

+0.7

0.5

12

-0.5

- 0.4

- 0.6

- 0.7

8

-1.5

2019

-2.5

- 2.2

4

-3.5

2018

0

-4.5

May

June

April

July

March

August

January

February

October

December

November

September

(1) Average temperatures recorded in 32 cities weighted by electricity consumption. (2) Source: Miréor (data from Météo-France).

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EDF | Universal registration document 2019

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