Hokkaido Electric to execute second price hike in November

Oct 10, 2014

Hokkaido Electric to execute second price hike in November

Hokkaido Electric Power Co. will raise electricity prices for households on Nov. 1, the industry ministry said Friday, as rising fossil fuel costs weigh on the utility's earnings following the loss of nuclear power. Prices will be 12.43 percent higher during the five months through ...

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 conducted ...