TOKYOMay 23 (News On Japan) – Household electricity rates are expected to rise next month at all ten major power companies in Japan.
The increase is the result of the end of government subsidies for electricity and gas, which were provided as a measure against high inflation. According to Tokyo Electric Power Company (TEPCO), for customers on the most common regulated tariff plan, the monthly bill for an average household is expected to increase by 392 yen from the previous month, bringing the total to 8,930 yen.
However, due to a decrease in the price of fuel used for thermal energy generation, the overall increase in rates will be moderated somewhat.
Source: TBS
