Purely illustrative image of a lamp (PM)
In response to rising fuel costs, the Tokyo Electric Power Company (TEPCO) announced on Monday (23.) that they had received a average price increase in 29.31% for a plan called regulated tariff between Rates domestic consumption of electricity.
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If the price increase If approved, it will be the first time in about 11 years since the 2012 Great East Japan Earthquake.
According to the notification, the TEPCOin this plan, more than half of the users are from electricity.
The main reason is that the Prices of natural gas and coal for thermal power generation will increase. This request foraverage price increase of 29.31%is to be implemented in June this year.
If you request a price increase, TEPCO consider rebooting KashiwazakiKariwa Nuclear Power Plantin Niigata Prefecture, at the operational level.
unit 7 of nuclear power plant The reboot is scheduled for October of this year, while Unit 6 has plans for two years later or April 2025, narrowing the range of price increases.
“The business environment remains tough due to the increase of fuel costs, and if this situation continues, there is a risk that the stable supply of electricity be harmed. While it is not our intention to overwhelm users, we made this difficult decision.” TEPCOTomoaki Kobayakawa.
The statement also reported that an ordinary loss is estimated for fiscal 2022, marking a negative record of 505 billion yen.
THE TEPCO will raise 300 billion yen through a capital increase. The company also completed a 200 billion yen capital increase in late October last year.
Sources: disclosure and NHK