Japan s government on Tuesday has approved an increase in household electricity rates of made by seven major utilities after delays in examining their requests as the government sought to address. | May 16, 2023
TOKYO : Japan's Hokuriku Electric Power, Hokkaido Electric Power and Shikoku Electric Power reported a combined loss of 134 billion yen (US$1 billion) for the 2022/23 financial year on Thursday, citing high fuel prices. The trio are among seven utilities which requested hikes in electricity rates from Apri
Having nuclear power among its energy sources helped Kansai Electric Power to manage a net profit of ¥17.7 billion but it was still 79% lower than in the 2021 fiscal year.
Missed Rate Hikes to Stick Japanese Utilities With Revenue Shortfall usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Several Japanese power utilities will miss out on rate hikes they asked to start on April 1 after the government delayed the approval process of their requests, leaving them with potential revenue. | March 28, 2023