In response to soaring fuel prices, Hokkaido Electric Power has announced a policy to raise the price of a plan called "regulated rate" that most of the electricity charges for households are contracted.

Hokkaido Electric Power will raise the price of a plan called "regulated rate", which is contracted by 2.4 million households, more than 70% of the low-voltage electricity rate mainly used by homes at the end of March this year.



It is said that the government's approval is required to raise the "regulated rate", and the timing and extent of the price increase are under consideration, but it is expected that the price will be raised as early as next spring after the government's examination.



We also plan to apply for the price increase as early as possible next year.



If Hokkaido Electric Power raises the "regulatory rate", it will be the first time since 2014 when management deteriorated due to the long-term shutdown of Tomari Nuclear Power Station.



At a press conference, President Yutaka Fujii said, "Due to soaring fuel prices, the cost of power supply continues to greatly exceed revenues, and our financial situation is rapidly deteriorating. Although it is in order to continue the stable supply of power, we are doing more to our customers. I am very sorry to ask for the burden of this."



Tohoku Electric Power, Hokuriku Electric Power, Chugoku Electric Power, Shikoku Electric Power, and Okinawa Electric Power have all applied to the government for price increases from April next year, and there are moves toward raising electricity rates. are one after another.