Chubu Electric Power Co., Inc. has announced that it has partially suspended the acceptance of new corporate contracts due to the soaring fuel prices of thermal power generation.
He explained that although the number of applications from companies is increasing due to the withdrawal of "new electric power" companies one after another, the situation is unavoidable because the profitability of Chubu Electric Power is also difficult.
This was revealed by "Chubu Electric Power Miraiz," which is a group company of Chubu Electric Power and is in charge of the sales business.
According to this, the prices of LNG and coal, which are fuels for thermal power generation, are soaring, and the procurement price of electricity in the "wholesale market" is rising. It means that we have stopped accepting some corporate contracts.
On the other hand, with the rise in energy prices, retailers called "new electric power" have been withdrawn one after another, and companies are increasing the number of applications for "re-contracting."
However, Chubu Electric Power also explained that it is inevitable to decline a new contract because profitability is becoming difficult due to rising costs.
Chubu Electric Power Miraiz commented, "The standard rate menu is not enough to cover the necessary costs. We will continue to explain to our customers and make new proposals as soon as possible."