Energy Central-News Article

The content approved today applies to usage from April 1 onwards, but there is no change from the content that has already been approved up to March 31. Applicable period Applied to electricity charges for usage from April 1, 2023 onwards to September 2023.

Original Press Release:

March 28 -- Tokyo Electric Power Company issued the following news release:

Based on the "Comprehensive economic measures to overcome high prices and realize economic revitalization" [*1] decided by the Cabinet on October 28, 2022, In order to participate in the mitigation measures project (hereinafter referred to as “burden mitigation measures”) [*2] , and to reflect the burden mitigation measures in the supply conditions, we have received special approval for remote island supply agreements [*3] and electricity last resort agreements [*4]. We are here. (Already announced on December 16, 2022)

Since then, we have submitted notification of changes to the remote island supply agreement and the electricity last resort supply agreement (announced on February 24, 2023), but we will continue to implement measures to ease the burden on customers. We would like to inform you that we applied for special approval for both agreements on the same day as the notification of the change, and today it was approved by the Minister of Economy, Trade and Industry.

The content approved today applies to usage from April 1 onwards, but there is no change from the content that has already been approved up to March 31.

1. Overview

In the monthly electricity bill calculation, reflect the fuel cost adjusted unit price or the fuel cost adjusted unit price minus the discounted unit price specified by the government. We will inform you about the monthly discount unit price in the meter reading slip.

Customers do not need to take any procedures to apply this special measure.

2. Eligible customers [*5]

* Customers receiving electricity supply based on remote island supply agreements (for low voltage and high voltage)

* Customers receiving high voltage electricity supply based on electricity last resort supply agreements

3. Applicable period Applied to electricity charges for usage from April 1, 2023 onwards [*6] to September [*7] (electricity charges billed from April to October)

4. Unit price stipulated by the government

* From April 1, 2023 onwards to August usage *8 Electricity bill (electricity bill billed from April to September)

[Low voltage] 7.0 yen /kWh (tax included)

[High voltage] 3.5 yen/kWh (tax included)

* Discounted unit price for electricity bill for September 2023 [*9] usage (electricity bill billed for October)

[Low voltage] 3.5 yen/kWh (tax included)

[High voltage] 1.8 yen/kWh (tax included)

In addition, a discounted unit price will be set separately for customers with fixed-price contracts.

Footnotes:

[*1] This is a measure that includes mitigation measures for drastic fluctuations in electricity charges, decided by the Cabinet on October 28, 2022, in order to respond to rising electricity and city gas charges due to soaring energy prices against the backdrop of the world situation.

[*2] Countermeasures against soaring energy prices included in the "Comprehensive economic measures to overcome high prices and realize economic revitalization" decided by the government on October 28, 2022. Through the first half of fiscal 2023, we will directly reduce the burden on households affected by the increase in electricity prices and on businesses that find it difficult to pass on the cost of electricity. For details, please visit the special website of the Agency for Natural Resources and Energy.

https://denkigas-gekihenkanwa.go.jp/

[*3] We stipulate the supply conditions such as rates when we supply to customers on the remote islands (Oshima, Toshima, Niijima, Shikinejima, Kozushima, Miyakejima, Mikurashima, Hachijojima, Aogashima, Chichijima, and Hahajima) within our service area.

[*4] If a customer who receives high-voltage or special high-voltage electricity within our service area does not reach an agreement with any retailer, we will stipulate the supply conditions, such as rates, when we supply electricity.

[*5] In the "Comprehensive economic measures to overcome high prices and realize economic revitalization," it is stated that "directly reduce the burden on households affected by the sudden rise in electricity prices from next spring and on companies that have difficulty passing on the price." , Customers who receive power at extra high voltage are not eligible for this special measure.

[*6] For the amount used up to March 31, 2019, the discounted unit price determined by the government will be deducted from the fuel cost adjustment unit price based on the remote island supply agreement and the last resort supply agreement before the change notification.

[*7] For customers whose meter reading day is the 1st day of the month (measurement day is the 1st day), usage from April to October of this year will be covered.

[*8] For customers whose monthly meter reading date is the 1st day (measurement date is the 1st day), usage from April to September of this year will be covered.

[*9] For customers whose meter reading day is the 1st day of the month (measurement day is the 1st day), the amount used in October this year is applicable.

Disclaimer: The Above Content is Auto-Translated

Source: Tokyo Electric Power Company

[Category: Events]