Well that's lame. There was 0 increase in electricity here, neither did the salaries. They could have use this fact to be more competitive.
> In 2021 and especially in 2022, the global rates of inflation have changed our daily lives. With an annual rate reaching +8.9% in July 2022 in Europe
> Thanks to the long-term management of our energy costs in 2021, we did not immediately need to change our prices. However, at the end of 2022 and in 2023, part of our energy purchases coverage are coming to an end and we are going to end up buying energy at a higher price
OVH is a business, thus they have to pay the real prices.
In the end we will all pay via massive inflation for the competence of the European politicians.
(Edit: to be clear the OVH rate increase is still pretty reasonable, and is justified by other factors)
In France I think the price of electricity for professionals has been multiplied by five in the past few months. The price of electricity for residential customers and small businesses has only increased by 5% because the French state and EDF are shouldering the difference.