Japan Utilities Face Power Price Increases as Reactors Sit Idle

Japan Utilities Face Power Price Increases as Reactors Sit Idle

Kiyoshi Ota/Bloomberg

Tokyo Electric Power Co.'s (Tepco) Shinagawa thermal power station in Tokyo. Tokyo Electric Power Co., which supplies electricity to Japan’s biggest metropolitan area, boosted household rates by about 8.5 percent beginning in September 2012 to cover rising fuel costs in the absence of nuclear power generation.