Electricity and gas prices rise across all companies in September due to reduction in government subsidies


Japan’s major utility companies announced Monday that electricity and gas bills will rise in October, reflecting reduced government subsidies meant to ease household energy costs.

For a typical household, regulated electricity rates will climb slightly: Tokyo Electric’s monthly bill will increase by about ¥65 to ¥8,132, Kansai Electric’s by ¥104 to ¥7,271, and Kyushu Electric’s by ¥70 to ¥6,944. Urban gas prices will also rise by ¥17 to ¥25, with Tokyo Gas adding ¥22 to reach ¥5,488 and Osaka Gas up ¥24 to ¥6,039.

The hikes come as government support is scaled back from August levels. The subsidy for electricity will drop by ¥0.40 to ¥2 per kilowatt-hour, while the gas subsidy will fall by ¥2 to ¥8 per cubic meter.

by MagazineKey4532