Tepco to mull rate hike if it can't restart Niigata nuclear complex

Business Feb 16, 2015

Tepco to mull rate hike if it can't restart Niigata nuclear complex

Tokyo Electric Power Co. said it will need to consider raising electricity rates for the first time since 2012 unless it can restart the world's biggest nuclear plant. Resumption of the Kashiwazaki Kariwa station in Niigata Prefecture is essential for sustaining profits, Tepco President Naomi ...

Business Apr 1, 2014

No Tepco rate hike this year

New Tepco Chairman Fumio Sudo said the utility will not hike rates later this year even if the restart of its huge nuclear power plant in Niigata Prefecture is delayed. Acknowledging that Tokyo Electric Power Co. as operator of the stricken Fukushima No. 1 nuclear ...