Five Japanese utilities plans to raise household electricity prices from April 1, as requested to the government, are likely to be pushed back, Jiji news agency reported on Friday.. | February 24, 2023
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…
Seven major electric companies have applied to the industry ministry to boost its energy prices, causing further concern to households worried about rising costs.