The electricity prices for April of the 10 major power companies are the highest in the last five years that can be compared.
LNG = Rising import prices for fuels such as liquefied natural gas are expected to remain high due to the tightening situation in Ukraine.
According to major electric power companies, electricity prices for April have increased in 7 out of 10 companies.
This is due to the significant rise in import prices of LNG and coal, and the electricity prices of the 10 companies are at the highest level in the past five years when they can be compared.
Of these, Chubu Electric Power has the largest increase in price compared to March, and
the electricity bill for households with average usage has increased by 127 yen to 8076 yen.
Next,
▽ TEPCO increased by 115 yen to 8359 yen
▽ Tohoku Electric Power increased by 98 yen to 8431 yen
.
Depending on the contract, there is an upper limit for passing on the increase in fuel prices so that the burden on users does not become too large, but by March, Hokuriku Electric Power Company, Kansai Electric Power Company, and Chugoku Electric Power Company will have three companies. And from April, Shikoku Electric Power and Okinawa Electric Power have reached this upper limit.
Due to Russia's military invasion of Ukraine, crude oil futures prices are on the rise, and long-term LNG contracts based on crude oil prices are also expected to rise.
Electricity prices are expected to remain high in the future, and there are concerns about the impact on people's lives and industry.