• SHARE

Tokyo Electric Power Co.’s hoped-for 10 percent price hike for households will probably not kick in on July 1 because a government panel scrutinizing the plan faces no deadline for reaching a judgement, an official in the Ministry of Economy, Trade and Industry said Wednesday.

“Tepco would have to officially notify the public of the price hike before July 1, which means the panel would have to approve the hike around June 20,” said METI official Manabu Nabeshima. “The panel has raised various concerns. They are basically concerned that Tepco could do more to cut costs.”

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW