Apr 18, 2014

Chubu Electric gets OK to hike rates 3.77%

The Ministry of Economy, Trade and Industry on Friday approved Chubu Electric Power Co.’s request to raise household electricity prices by an average of 3.77 percent. The hike, which takes effect May 1, will make the regional utility the seventh to raise electricity rates ...

Utilities ordered to trim planned rate increases

Aug 1, 2013

Utilities ordered to trim planned rate increases

The government on Thursday ordered three electric companies to trim planned household rate hikes by more than 2 percentage points after finding they had more room to reduce the costs they want to pass onto consumers. Based on the outcome of the screening process ...