Kansai Electric Seeks Tariff Increase on Rising Fuel Costs
This article is for subscribers only.
Kansai Electric Power Co. wants to raise electricity rates for companies and households from April to cover rising fuel costs to run thermal power plants.
The utility, which supplies power to Japan’s second biggest metropolitan area, submitted a request to the government to raise rates for households by 11.88 percent. It plans to raise rates 19.23 percent for corporate customers, for which it doesn’t need approval, the company said in a statement today.