In a rare summons, Taro Kono put the executives of four power companies in the hot seat on Feb. 13 when he questioned them over the significant rate hikes they plan to roll out this spring.
Most major utilities have sought to raise their electricity rates by around 30 percent to over 40 percent for the next fiscal year, in a move that will likely add to the burden on households expenses. Seven of the 10 largest electricity companies have applied to the industry ministry to…
Most major utilities have sought to raise their electricity rates by around 30 percent to over 40 percent for the next fiscal year, in a move that will likely add to the burden on households expenses.
Tokyo Electric Power Co. filed an application with the government on Jan. 23 to raise electricity rates for households by an average of 29.31 percent starting in June.