France's EDF stops cutting electricity supply

Paris - EDF said on Friday it would no longer cut off French retail customers' electricity supplies for unpaid bills, extending a winter truce introduced by the regulator amid rising energy costs. The state-owned French company said that instead of cutting off supplies it would reduce power levels to a guaranteed minimum level

Paris - EDF said on Friday it would no longer cut off French retail customers' electricity supplies for unpaid bills, extending a winter truce introduced by the regulator amid rising energy costs. The state-owned French company said that instead of cutting off supplies it would reduce power levels to a guaranteed minimum level.

The measure will take effect on April 1. During the winter truce, from Nov. 1 to March 31, electricity suppliers are not allowed to cut power supplies for unpaid bills: "With this measure, EDF is going further than its regulatory obligations outside of the winter truce period," the company said in a statement.

France announced last month that lower-income households would receive 100 euros ($114) from the government to help mitigate the impact of rising energy prices, particularly those at the petrol pump. President Emmanuel Macron, five months from a presidential election, is seeking to limit damage to his economic record from surging energy prices.

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