Monaco Electricity Tariff API

How a household electricity price is built in Monaco

Monaco is the simplest market Tounify covers: one state-concession company generates, distributes and sells electricity, with no unbundling and no retail competition at all. There is no independent regulator — the government approves prices as part of the concession itself — and no separately published network tariff exists, because the network cost sits inside one bundled energy price rather than being itemised. Monaco is not its own wholesale bidding zone; it is electrically and commercially embedded behind France.

What a household bill is made of

1. 1

   Energy

   No exchange, no bidding zone and no published wholesale reference: the concessionaire buys power upstream from France under an undisclosed indexation formula, and no retail product passes a market price through — dynamic pricing does not exist here and cannot, absent a bidding zone to reference.

2. 2

   Network charges

   Not unbundled and not separately priced. There is no distinct network-tariff line on a Monegasque bill: network cost is folded into the single energy rate and the standing charge together. The only separately priced network items are one-off connection and metering services, billed as their own catalogue of works rather than as part of the recurring price.

3. 3

   Taxes and levies

   None. Monaco applies no electricity excise of any kind — a fiscal convention with France extends French turnover taxes to the Principality but explicitly does not extend France’s electricity excise, and no Monegasque statute creates a substitute. There is no renewable levy, no concession fee passed to consumers, no capacity charge and no social-tariff surcharge: VAT is the only tax line on the bill.

4. 4

   VAT

   20%, the standard rate, applied to both the energy and the standing charge since August 2025 — a former reduced rate on the standing charge for smaller subscriptions was repealed that year, so a Monegasque bill is a flat 20% throughout with no split to compute.

Regulation shaping the price

• There is no independent energy regulator. Prices are approved by the government as a condition of the electricity and gas concession itself, under a Sovereign Ordinance, rather than by a published tariff-setting decision.
• The market has never been liberalized: there is no supplier switching, no eligibility threshold and no default- or last-resort-supplier mechanism, because there is only ever the one concessionaire to buy from.
• Solar installations draw a per-kWh production incentive paid regardless of whether the power is self-consumed or exported, guaranteed for fifteen years and revised annually by an inflation-index formula; exported power is separately bought by the concessionaire at its own undisclosed upstream purchase price, on top of the incentive.

Market structure last reviewed August 2026.